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Arkansas Code Title 23. Public Utilities and Regulated Industries § 23-72-107. Transactions--Different assessment plans

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

(a) Except as provided in § 23-72-118, a mutual assessment insurer may transact insurance on either the pro rata assessment plan only or on the level or stipulated rate plan only.

(b) Each plan shall be governed by the provisions of this chapter made specifically applicable thereto and by those provisions applicable to both plans.

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Cite this article: FindLaw.com - Arkansas Code Title 23. Public Utilities and Regulated Industries § 23-72-107. Transactions--Different assessment plans - last updated March 28, 2024 | https://codes.findlaw.com/ar/title-23-public-utilities-and-regulated-industries/ar-code-sect-23-72-107/

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