Louisiana § RS 23:1403 - Policy programs
Full text of Louisiana Louisiana Civil Code § RS 23:1403 — Policy programs, with citation guidance and answers to common questions.
§ RS 23:1403. Policy programs
A. There is established within the corporation a preferred risk policy program, hereinafter referred to as the PRP program and an accepted risk program, hereinafter referred to as the ARP program.
B. The corporation shall keep a separate accounting of all costs and revenues associated with the ARP program and the PRP program. The corporation shall issue separate rating plans for the ARP program and the PRP program according to R.S. 23:1411.
C. To participate in the PRP program, the applicant shall satisfy the definition of preferred risk as stated in R.S. 23:1392.
D. To participate in the ARP program the applicant shall satisfy the definition of accepted risk as stated in R.S. 23:1392.
E. After the PRP program has been operating at least twelve months, the board may expand the eligibility of the PRP program.
Acts 1991, No. 814, §1, eff. Nov. 20, 1991.
Frequently Asked Questions About Louisiana § RS 23:1403
What does Louisiana Civil Code § RS 23:1403 cover?
Section RS 23:1403 ("Policy programs") is part of the Louisiana Civil Code, the codified statutory law of Louisiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Louisiana § RS 23:1403?
A common citation format is "Louisiana Civil Code § RS 23:1403" (Louisiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Louisiana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Louisiana official source linked on this page or consult a licensed Louisiana attorney.
How does Louisiana § RS 23:1403 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Louisiana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Louisiana.