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ACT No. 41. AN ACT To amend and re-enact Act No. 46 of 1916, appropriating “For the construction of fire escapes out of the revenues of 1917, Five Thousand Dollars,” to the Charity Hospital, New Orleans.
Approved : July 2, 1920.
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ACT No. 75. AN ACT Making an appropriation 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; to build and repair public levees; to maintain the State Penitentiary; and other State departments for the year commencing July 1st, 1920, and ending June 30th, 1921; and for the year commencing July 1st, 1921, and ending June 30th, 1922.
Approved: July 6 1920.
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ACT No. 172. AN ACT To amend and re-enact Sections 4 and 5 of Article 1 of Act 105 of the Acts of the General Assembly of the State of Louisiana for the year 1898, 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 insurance 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 an goods arising from the leakage or breakage of water pipes or sprinklers: Relative to elevators, bicycles and vehicles: To regulate credit insurance or guaranty: 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 include: 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 dividends are to be declared; how impairment of capital stock may be remedied; duties of Secretary of State; reduction to capital stock and regulations providing for the examination of companies by the Secretary of State and penalties for the violation thereof, and the regulation of insurance companies. Relative to companies organized under the laws in 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 the laws of foreign countries; providing for the filing of annual statements with the 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 agents; authorizing revocation of certificate for cause; Providing that business must be written by resident agents in this State: Authorizing Secretary of State to investigate all violations of law and penalty for such violations. Reciprocal provisions: Advertisements, how inade: 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 the 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 operations of local Insurance Companies: Insurance and re-insurance in unauthorized companies; how regulated; and to regulate generally the business of insurance in this State’’ as amended and re-enacted by Act Number 50 of the Session of the General Assembly of the State of Louisiana for the year 1902, and to repeal all laws or parts of laws in conflict with the provision of this act.
Approved: July 8, 1920
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ACT No. 221. AN ACT To amend and re-enact Section 1 of Act No. 125 of 1912 entitled: “An act to provide for necessary legal services for Police Juries, Parish School Boards, and all State Boards and Commissions, including Levee Boards, Hospital and Asylum Boards, Educational Boards, and Dock Boards, the members of which in whole or in part, are elected by the people, or appointed by the Governor or other prescribed authority, to prohibit the employment for compensation by any of them of an attorney, general or special or payment by them of any compensation for any legal services, except as authorized by this act, and to repeal all laws, general or special, so far as they may be in conflict with the same.
Approved: July 8, 1920.
