95 chapters · 3,921 sections in this title.
Ark. Code Ann. § 23-84-101 Title — Definitions
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(a) This chapter shall be known and may be cited as the “Standard Valuation Law for Life Insurance and Annuities”. (b) As used in this chapter:(1) “Accident and health insurance” means:(A) A contract that incorporates morbidity risk and provides protection against economic loss r…
Ark. Code Ann. § 23-84-102 Valuation of reserves by Insurance Commissioner
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(a) Except as provided in subdivision (a)(4) of this section, for a policy or contract issued before the operative date of the valuation manual:(1) (A) The Insurance Commissioner shall annually value, or cause to be valued, the reserves for all outstanding life insurance issued b…
Ark. Code Ann. § 23-84-103 Minimum standard for valuation generally
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(a) Except as provided in §§ 23-84-104, 23-84-105, and 23-84-114, the minimum standard for the valuation of all policies and contracts issued prior to the operative date of § 23-81-213(a) shall be provided by the laws in effect immediately prior to January 1, 1960. (b) Except as …
Ark. Code Ann. § 23-84-104 Minimum standard for valuation — Annuity and pure endowment contracts
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(a) Except as provided in § 23-84-105, the minimum standard for the valuation of all individual annuity and pure endowment contracts issued on or after the operative date of this section and for all annuities and pure endowments purchased on or after the operative date under grou…