Committees' approval of agreements or compacts required

Ark. Code Ann. § 23-65-403 — under Unauthorized Insurers and Surplus Lines.

Ark. Code Ann. § 23-65-403

(1) A multistate agreement or compact entered into by the Insurance Commissioner shall be:(1) Considered by the Senate Committee on Insurance and Commerce and the House Committee on Insurance and Commerce; and(2) Reviewed and approved by the Legislative Council.

(1) Considered by the Senate Committee on Insurance and Commerce and the House Committee on Insurance and Commerce; and

(2) Reviewed and approved by the Legislative Council.