Louisiana § RS 33:5085 - Minimum contributions before risk sharing
Full text of Louisiana Louisiana Civil Code § RS 33:5085 — Minimum contributions before risk sharing, with citation guidance and answers to common questions.
§ RS 33:5085. Minimum contributions before risk sharing
A self-insurance fund shall not function as a means of sharing risks of loss among the members of a risk management organization until the risk management organization administering the fund has received, for general liability, property coverage, and any other pooled line of coverage risks, an annual gross premium calculated in accordance with the applicable manual premium rate or rates, plus or minus applicable experience credits or debits, of not less than two hundred thousand dollars for each line of risk.
Acts 2022, No. 686, §1, eff. June 18, 2022.
Frequently Asked Questions About Louisiana § RS 33:5085
What does Louisiana Civil Code § RS 33:5085 cover?
Section RS 33:5085 ("Minimum contributions before risk sharing") 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 33:5085?
A common citation format is "Louisiana Civil Code § RS 33:5085" (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 33:5085 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.