SELF INSURANCE: Provides for the Louisiana Churches and Nonprofit Religious Organizations Self-Insured Fund. (gov sig)

Deleted specific clauses requiring initial members to pledge advance payments of 25% of estimated premiums to the fund.

Removed detailed provisions regarding the preservation of digital or electronic records for a specific examination period.

Eliminated the clause authorizing the commissioner to suspend a fund's certificate if initial members fail to make their pledged advance payments.

Added a new Section 2 directing the Louisiana State Law Institute to change the term 'property coverage' to 'commercial coverage' throughout the chapter.

Changed the definition of 'Fund' in the original version to explicitly include 'self-insurance fund' and clarify that it covers 'commercial property and other types of insurance'.

Removed the effective date section and replaced it with a standard clause stating the act becomes effective upon signature or expiration of the veto period.

Added new sponsors to the bill header, expanding the list of legislators supporting the measure.

Updated the list of statutory citations to include new sections (1855(A)(5)(c), 1855(A)(5)(b), 1856(E)) and to repeal an existing section (1855(A)(5)(b)).

Inserted new requirements for the preservation and recordkeeping of original books, records, documents, accounts, and vouchers.