HISTORY: 1997 Act No. 154, SECTION 2; 2002 Act No. 324, SECTION 4; 2023 Act No. 51 (S.549), SECTION 5, eff July 1, 2024.

Code Commissioner's Note

At the direction of the Code Commissioner, in (A)(2), "uninsured" was substituted for "unisured" to correct a scrivener's error.

Editor's Note

2023 Act No. 51, SECTION 40(B), provides as follows:

"[SECTION 40.](B) SECTION 5 takes effect on the first day of the fiscal year following twelve months after approval by the Governor."

Effect of Amendment

2023 Act No. 51, SECTION 5, rewrote the section.