Page 1 of 2 Coding: Words which are struck through are deletions from existing law; words in boldface type and underscored are additions. Regular Session, 2010 ENROLLED SENATE BILL NO. 107 BY SENATOR RISER AN ACT1 To amend and reenact R.S. 23:1035(A), relative to persons covered by workers'2 compensation; to provide with respect to corporate officers, members of a limited3 liability company, and sole proprietors to elect not to be covered by workers'4 compensation; and to provide for related matters.5 Be it enacted by the Legislature of Louisiana:6 Section 1. R.S. 23:1035(A) is hereby amended and reenacted to read as follows: 7 ยง1035. Employees covered8 A. The provisions of this Chapter shall also apply to every person9 performing services arising out of and incidental to his employment in the course of10 his own trade, business, or occupation, or in the course of his employer's trade,11 business, or occupation, except that the bona fide president, vice president, secretary,12 or treasurer of a corporation who owns not less than ten percent of the stock therein,13 or a partner with respect to a partnership employing him, or a member of a limited14 liability company as defined in R.S. 12:1301(A)(13) who owns not less than a ten15 percent membership interest therein, or a sole proprietor with respect to such sole16 proprietorship may by written agreement with his insurer or group self-insurance17 fund elect not to be covered by the provisions of this Chapter. Such election shall18 not be limited, but shall apply to all trades, businesses, or occupations conducted by19 said corporation, partnership, limited liability company, or sole proprietorship. Such20 an election shall be binding upon the employing corporation, partnership, limited21 liability company, and sole proprietor and the surviving spouse, relatives, personal22 representative, heirs, or dependents of the officer, partner, member, or sole proprietor23 so electing. No salary or compensation received by any such bona fide corporate24 SB NO. 107 ENROLLED Page 2 of 2 Coding: Words which are struck through are deletions from existing law; words in boldface type and underscored are additions. officer, partner, member, or sole proprietor so electing shall be used in computing1 the premium rate for workers' compensation insurance.2 * * *3 PRESIDENT OF THE SENATE SPEAKER OF THE HOUSE OF REPRESENTATIVES GOVERNOR OF THE STATE OF LOUISIANA APPROVED: