Louisiana 2016 Regular Session

Louisiana House Bill HB915 Latest Draft

Bill / Chaptered Version

                            ENROLLED
ACT No. 367
2016 Regular Session
HOUSE BILL NO. 915
BY REPRESENTATIVE HUVAL
1	AN ACT
2 To amend and reenact R.S. 22:2313(A), relative to the sale of policies issued by Louisiana
3 Citizens Property Insurance Corporation through its FAIR and Coastal Plans; to limit
4 the sale of such policies to resident licensed producers; and to provide for related
5 matters.
6 Be it enacted by the Legislature of Louisiana:
7 Section 1.  R.S. 22:2313(A) is hereby amended and reenacted to read as follows: 
8 ยง2313.  Producers; authority to bind coverage
9	A.  Every producer resident in this state and licensed to sell property and
10 casualty insurance may sell insurance policies which that are issued by the Louisiana
11 Citizens Property Insurance Corporation through its FAIR and Coastal Plans.
12	*          *          *
13 Section 2.  This Act shall become effective upon signature by the governor or, if not
14 signed by the governor, upon expiration of the time for bills to become law without signature
15 by the governor, as provided by Article III, Section 18 of the Constitution of Louisiana.  If
16 vetoed by the governor and subsequently approved by the legislature, this Act shall become
17 effective on the day following such approval.
SPEAKER OF THE HOUSE OF REPRESENTATIVES
PRESIDENT OF THE SENATE
GOVERNOR OF THE STATE OF LOUISIANA
APPROVED:  
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CODING:  Words in struck through type are deletions from existing law; words underscored
are additions.