This chapter is for the purpose of providing funds in addition to assets of insolvent insurers for the protection of the holders of covered claims as defined in § 23-90-103 through payment and through contracts of reinsurance or assumption of liabilities or of substitution or otherwise.
Purpose
Ark. Code Ann. § 23-90-102 — under Arkansas Property And Casualty Insurance Guaranty Act.
Ark. Code Ann. § 23-90-102