Title 25 — State Government
46 chapters · 807 sections in this title.
Ark. Code Ann. § 25-35-101 Title
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This chapter may be cited as the “Arkansas Multi-Agency Insurance Trust Fund Act”.
Ark. Code Ann. § 25-35-102 Definitions
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(1) For the purposes of this chapter:(1) “Annual aggregate deductible” means the maximum amount payable annually from the Arkansas Multi-Agency Insurance Trust Fund for covered losses;(2) “Risk manager” means the Administrator of the Risk Management Division of the State Insuranc…
Ark. Code Ann. § 25-35-103 Arkansas Multi-Agency Insurance Trust Fund
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(a) There is established on the books of the Treasurer of State, the Auditor of State, and the Chief Fiscal Officer of the State, a separate fund to be known as the “Arkansas Multi-Agency Insurance Trust Fund”. (b) No money shall be appropriated from the Arkansas Multi-Agency Ins…
Ark. Code Ann. § 25-35-104 Participation
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(a) The following agencies shall participate in the Arkansas Multi-Agency Insurance Trust Fund:(1) The Division of Correction;(2) The Division of Community Correction;(3) State agencies participating in the Arkansas State Master Vehicle Policy as of June 30, 2003; and(4) State ag…
Ark. Code Ann. § 25-35-105 Administration
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(a) The Arkansas Multi-Agency Insurance Trust Fund shall be administered by the Insurance Commissioner. (b) At the discretion of the commissioner, the risk manager may:(1) Enter into contracts;(2) Purchase insurance and reinsurance in accordance with the Arkansas Procurement Law,…
Ark. Code Ann. § 25-35-106 Premiums and schedules of coverage and endorsements
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(a) (1) Premiums shall be charged to each agency based on the rates established by the risk manager that include all costs associated with the operation of the Arkansas Multi-Agency Insurance Trust Fund, based upon sound rating techniques.(2) The risk manager shall provide premiu…
Ark. Code Ann. § 25-35-107 Payment of losses
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(1) The risk manager shall establish:(1) Appropriate policies and procedures governing the payment of losses from the Arkansas Multi-Agency Insurance Trust Fund, including notice or proof of loss by any participating state agency; and(2) Policies and procedures governing disputes…
Ark. Code Ann. § 25-35-108 [Repealed.]
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A.C.A. § 25-35-108Current through all legislation of the 2025 Regular Session.Arkansas Code of 1987 Annotated Official EditionCopyright © 2026 by the State of Arkansas All rights reserved