Arkansas § 23-63-1310 Supplemental provisions - Rules - Exemption

Arkansas Statutes

§ 23-63-1310 — Supplemental provisions - Rules - Exemption

Arkansas § 23-63-1310

Title23

This text of Arkansas § 23-63-1310 (Supplemental provisions - Rules - Exemption) 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. § 23-63-1310 (2026).

Text

(a)This subchapter is supplemental to other laws of this state and does not preclude or limit other powers or duties of the Insurance Commissioner under those laws, including without limitation § 23-68-101 et seq.

(b)The commissioner may adopt reasonable rules necessary for the implementation of this subchapter.

(c)The commissioner may exempt a domestic insurer licensed to do business in this state from this subchapter if the domestic insurer:

(1)Writes direct business only in this state;

(2)Writes direct annual premiums of two million dollars ($2,000,000) or less; and (3) Assumes no reinsurance more than five percent (5%) of direct premium written.

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(a) This subchapter is supplemental to other laws of this state and does not preclude or limit other powers or duties of the Insurance Commissioner under those laws, including without limitation § 23-68-101 et seq. (b) The commissioner may adopt reasonable rules necessary for the implementation of this subchapter. (c) The commissioner may exempt a domestic insurer licensed to do business in this state from this subchapter if the domestic insurer: (1) Writes direct business only in this state; (2) Writes direct annual premiums of two million dollars ($2,000,000) or less; and (3) Assumes no reinsurance more than five percent (5%) of direct premium written.