Louisiana · Louisiana Revised Statutes — Title 32, Motor Vehicles and Traffic

La. R.S. 32 § 32:1042: Self-insurers

What this law says, in plain English

Persons owning 25+ vehicles or Louisiana property worth $100,000+ may obtain a self-insurance certificate from the motor vehicles office if financially able to pay judgments. Certificates can be cancelled for nonpayment of final judgments within 60 days, triggering license suspension and a 5-year ineligibility period.

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This page is legal information, not legal advice. Code text is sourced from official publications and may lag amendments — always confirm at the official source linked above. Plain-English summaries and relationship data are AI-derived and reviewed on an ongoing basis; verify with a licensed attorney before acting.