{"data":{"id":"us-la/rs-22-134","jurisdiction":"us-la","citation":"RS 22:134","heading":"Capital requirements","body":"All domestic insurers qualifying to write service insurance only shall in lieu of the capital requirements of R.S. 22:81 or the minimum surplus requirements of R.S. 22:111 and 22:114, have a paid-in capital of ten thousand dollars and a minimum surplus of five thousand dollars, if a stock insurer, or a minimum surplus of fifteen thousand dollars, if a mutual insurer, before beginning business. All service insurers authorized as of 12:00 noon on July 27, 1960 may continue to operate without meeting the increased capital and surplus requirements.","path":["SUBPART C-1. PHARMACY BENEFIT MANAGERS§1863. Definitions"],"source_url":"https://www.legis.la.gov/legis/Law.aspx?d=506321","current_through":"2025 First Extraordinary Session","vintage":"","retrieved_at":"2026-09-14T04:53:54Z","sha256":"8734b98a1b6e2406e463f842bf0aae478fb989ad510af396eed15eaf4931037d","source_id":"us-la","stale":false,"prev":"us-la/rs-22-133","next":"us-la/rs-22-135"},"notice":"GroundRules: Original legal text. Not legal advice."}
