Charity Hospital New Orleans: 1926

page 77

ACT NO. 62. AN ACT Concerning the admission of applicants to state supported charity hospitals, and providing a penalty for the violation of same.

Note: The foregoing Act having been submitted to his Excellency, Honorable Henry L. Fuqua, Governor of the State of Louisiana, for his approval and signature, and the same not having been returned to the House in which it originated with his approval and signature, or with his objections thereto, within the time prescribed by the Constitution of this State, the same has become a law by limitation.

page 187

ACT No. 122. AN ACT To amend and re-enact Section 4 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 any 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 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 dividends are to be declared; 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 regulation 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 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 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 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 operation of local Insurance Companies: Insurance and reinsurance in unauthorized companies: how regulated : and to regulate generally the business of insurance in this State" as amended and re-enacted by Act Number 172 of the Session of the General Assembly of the State of Louisiana for the year 1920, and to repeal all laws or parts of laws in conflict with the provisions of this Act.

Approved by the Governor: July 8, 1926. 

page 303

ACT NO. 196. 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, 1926, and ending June 30th, 1927, and for the year commencing July 1st, 1927, and ending June 30th, 1928.

Approved by the Governor: July 10, 1926.

page 610

ACT NO. 324. AN ACT To amend and re-enact Section 397 of the Revised Statutes of 1870, as amended and re-enacted by Act No. 223 of 1916, Act No. 131 of 1922 and Act No. 220 of the Legislature of 1924.

Approved by the Governor: July 16, 1926.