Arkansas Statutes

§ 23-63-103 — Retaliation for unjustified refusal to permit business because of similar name

Arkansas § 23-63-103

This text of Arkansas § 23-63-103 (Retaliation for unjustified refusal to permit business because of similar name) is published on Counsel Stack Legal Research, covering Arkansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Ark. Code Ann. § 23-63-103 (2026).

Text

Whenever any other state or foreign country refuses to permit any life insurer domiciled in Arkansas to enter in and transact insurance in the state or country upon the grounds that the name of the Arkansas insurer is the same or similar to the name of a life insurer domiciled in the other state or country, the Insurance Commissioner, if satisfied that no such similarity of names actually exists, that the refusal is unjustified, and that the Arkansas insurer should be permitted to do business in the other state or country, may, in his or her discretion, suspend or revoke the certificate of authority in Arkansas of that life insurer domiciled in the other state or country whose name has been so declared to be similar to that of the Arkansas insurer.

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Legislative History

Acts 1959, No. 148, § 67; A.S.A. 1947, § 66-2225.

Nearby Sections

15
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Bluebook (online)
Arkansas § 23-63-103, Counsel Stack Legal Research, https://law.counselstack.com/statute/ar/23-63-103.