A pro rata assessment plan insurer has power at any time to reclassify, transfer, or rearrange its members, to merge or unite circles or groups; and to unite into one (1) group or circle two (2) or more groups or circles, the membership of which has decreased below the maximum. The insurer shall not start a new group or circle so long as any other group or circle is not up to maximum. All groups and circles shall be kept up to the maximum.
Pro rata plan insurer — Reclassification and rearrangement of members
Ark. Code Ann. § 23-72-116 — under Mutual Assessment Life and Disability Insurers.
Ark. Code Ann. § 23-72-116