§550.22. Examination by commissioner

            A. If the commissioner determines it to be prudent, but not less frequently than once every five years, the commissioner shall cause an examination of each captive insurance company under the provisions of Chapter 8 of this Title, R.S. 22:1981 et seq. The company or companies examined pursuant to R.S. 22:1981 et seq. shall pay the expenses and charges of the examination to the commissioner. The Louisiana Public Records Law, R.S. 44:1 et seq., and confidentiality provisions in this Title apply to all documents, materials, information, privileged documents, examination reports, preliminary examination reports or results, working papers, recorded information and copies thereof, or other information that is produced by, obtained by, or disclosed to the commissioner or any other person in the course of an examination made pursuant to this Subpart.

            B. In furtherance of the commissioner's duties, the commissioner may share and receive documents, materials, or other information pursuant to R.S. 22:2 and 1981 et seq.

            Acts 2008, No. 403, §1, eff. Jan. 1, 2009; Redesignated by Acts 2009, No. 503, §3; Acts 2025, No. 313, §2.