Louisiana § RS 42:817 - Penalties
Full text of Louisiana Louisiana Civil Code § RS 42:817 — Penalties, with citation guidance and answers to common questions.
§ RS 42:817. Penalties
A. Each administrator and pharmacy benefit manager owes a duty of good faith and fair dealing to the office. Failure to file a report required by this Subpart or failure to accurately or completely disclose revenues on such report shall constitute a breach of the duties imposed in this Section.
B. In addition to any damages, attorney fees, and costs for breach of the imposed duty, including all costs associated with recovering owed amounts, the office may be awarded penalties assessed against the breaching party in an amount not to exceed two times the party's revenues received for the calendar year for which the party failed to disclose with the office.
Acts 2024, No. 546, §1, eff. July 1, 2024.
Frequently Asked Questions About Louisiana § RS 42:817
What does Louisiana Civil Code § RS 42:817 cover?
Section RS 42:817 ("Penalties") 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 42:817?
A common citation format is "Louisiana Civil Code § RS 42:817" (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 42:817 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.