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Arkansas Code Title 23. Public Utilities and Regulated Industries § 23-63-907. Authorization of solvent insurer

Current as of March 28, 2024 | Updated by Findlaw Staff

So long as the insurer remains solvent and is in compliance with the Arkansas Insurance Code, it may:

(1) Demand, receive, sue for, and recover the income from the securities or assets deposited;

(2) Exchange and substitute for the deposited securities or assets, or any part thereof, other eligible securities and assets of equivalent or greater value; and

(3) At any reasonable time inspect the deposit.

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Cite this article: FindLaw.com - Arkansas Code Title 23. Public Utilities and Regulated Industries § 23-63-907. Authorization of solvent insurer - last updated March 28, 2024 | https://codes.findlaw.com/ar/title-23-public-utilities-and-regulated-industries/ar-code-sect-23-63-907/

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.

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