La. Stat. tit. 22 § 61
Current with changes from the 2024 Legislative Session
Five or more natural persons of full age, or fully relieved by emancipation of all disabilities attaching to minority, who are citizens of the United States and a majority of whom are residents of this state, may form a corporation for the purpose of transacting any class or classes of insurance permitted under this Code as a stock or mutual company.
La. R.S. § 22:61