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Arkansas Code Title 23. Public Utilities and Regulated Industries § 23-88-304. Governing board membership

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

For the plan or plans there shall be a governing board of seven (7) members to be appointed by the Insurance Commissioner, which shall meet at least annually to review and prescribe operating rules and which shall consist of the following members:

(1) Four (4) members shall be representatives of foreign insurance companies, with those members to be appointed for terms of three (3) years; and

(2) Three (3) members shall be representatives of domestic insurance companies, with those members to be appointed for terms of three (3) years.

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Cite this article: FindLaw.com - Arkansas Code Title 23. Public Utilities and Regulated Industries § 23-88-304. Governing board membership - last updated March 28, 2024 | https://codes.findlaw.com/ar/title-23-public-utilities-and-regulated-industries/ar-code-sect-23-88-304/

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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