™Your Policy Risk Impact Agent
95 chapters · 3,921 sections in this title.
Ark. Code Ann. § 23-72-101 Definitions
1.6K chars
(1) As used in this chapter, unless the context otherwise requires:(1) “Level or stipulated rate assessment” insurers are those incorporated mutual insurers granting insurance benefits on the assessment plan and which collected from their membership a level or stipulated monthly,…
Ark. Code Ann. § 23-72-102 Scope
0.3K chars
(a) This chapter applies only to domestic and foreign mutual insurers transacting life and disability insurance on the mutual assessment plan. (b) No provision of the Arkansas Insurance Code shall apply to such insurers unless contained or referred to in this chapter.
Ark. Code Ann. § 23-72-103 Other provisions applicable
9.7K chars
(1) In addition to the provisions contained in this chapter, other chapters and provisions of the Arkansas Insurance Code shall apply to mutual assessment life and disability insurers, to the extent so applicable, as follows:(1) Sections 23-60-101 — 23-60-108 and 23-60-110, scope…
Ark. Code Ann. § 23-72-104 Minimum requirements for new insurers
2.9K chars
(a) No insurer shall transact mutual assessment life or disability insurance in this state unless it lawfully had authority to transact the insurance on January 1, 1960, and provided further that from and after January 1, 1968, the insurer shall be required to:(1) Maintain reserv…