Charity Hospital New Orleans: 1900

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Act No. 56. AN ACT Making appropriations to defray the ordinary expenses of the government; to pay the interest on the public debt, and to support public schools and public charities in the State of Louisiana, and to build and repair public levees, for the year commencing July 1st, 1900, and ending June 30th, 1901, and for the year commencing July 1st, 1901, and ending June 30th, 1902.

Approved, July 7th, 1900.

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Act No. 144. AN ACT To amend and re-enact Section 7 of Article 1 and Section Seven (7) of Article Three (3); and Section Three of Article One, of Act 105 of the regular session of the General Assembly of 1898, approved July 13th, 1898, and entitled, “An Act in relation to the organization and operation of State Insurance Companies, and of insurance companies organized under the laws of other States or countries: to regulate fire insurance and insurances by lightning or tempest on , land; marine insurance including inland transportation or navigation; insurance guaranteeing the fidelity of persons in position of trust to act as surety on official bonds; to regulate the insurance loss or damage to property or life caused by the explosion of steam boilers; accident insurance; breakage of plate glass, local or in transit; insurance against loss by water to any goods arising from the leakage or breakage of water pipes or sprinklers; relative to elevators, bicycles and vehicles; to regulate credit insurance or guarantee; life insurance; to regulate generally fire, river, inland navigation or transportation or marine insurance; how local, mutual and stock companies may be formed, the provisions to be included in their charter; amount of capital stock required; board of directors; how organized, and duties of the same; officers, how elected. and their duties; capital how invested; restrictions upon business to be carried on; how impairment of capital stock may be remedied, duties of Secretary of State; reduction of capital and regulations providing for the examination of companies by the Secretary of State and penalties for the violation thereof, and the regulations of insurance companies. Relative to companies organized under the laws of other States; to appoint Secretary of State attorney to accept service of process; to deposit with Secretary of State copy of charter; deposit required of companies organized under laws of foreign countries; providing for the filing of annual statements with Secretary of State; relative to compliance with the laws of this State; authorization and penalty for acting as unauthorized agent; prohibiting payment of brokerage, commission or rebate to any but authorized agent; authorizing revocation of certificate for cause; providing that business must be writ. ten by resident agents in this State; authorizing Secretary of State to investigate all violations of law and penalty for such violations; reciprocal provisions; advertisement, how made; return premium on unconsumed portion of policy after payment of loss. Authorizing Secretary of State to make inquiry as he may deem necessary, and to examine into financial condition of the companies; the impairment of capital; limit of liability to be assumed on any one risk; penalty for making false oath and providing that all fines recovered shall be paid to the Charity Hospital; contracts with unauthorized companies null and void; how reserve required by fire insurance companies shall be computed; tax collectors to require certificate from Secretary of State for the purpose of fixing the license, Providing for the adoption of the New York standard form of fire insurance policy. Organization and opera. tions of local insurance companies. Insurance and reinsurance in unauthorized companies; how regulated; and to regulate generally the business of insurance in this State.

Approved, July 12th, 1900.