Arkansas § 23-63-1509 Supplemental provisions - Rules - Exemption

Arkansas Statutes

§ 23-63-1509 — Supplemental provisions - Rules - Exemption

Arkansas § 23-63-1509

Title23

This text of Arkansas § 23-63-1509 (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. § 23-63-1509 (2026).

Text

(a)The provisions of this subchapter are supplemental to the other provisions of the laws of this state and shall not preclude or limit any other powers or duties of the Insurance Commissioner under those laws.

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

(c)The commissioner may exempt from the application of this subchapter:

(1)A domestic health organization that:

(A)Writes direct business only in this state;

(B)Assumes no reinsurance in excess of five percent (5%) of direct premium written; and (C) Writes direct annual premiums for comprehensive medical business of two million dollars ($2,000,000) or less; or (2) A domestic health organization that is a limited benefit health maintenance organization.

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(a) The provisions of this subchapter are supplemental to the other provisions of the laws of this state and shall not preclude or limit any other powers or duties of the Insurance Commissioner under those laws. (b) The commissioner may adopt reasonable rules necessary for the implementation of this subchapter. (c) The commissioner may exempt from the application of this subchapter: (1) A domestic health organization that: (A) Writes direct business only in this state; (B) Assumes no reinsurance in excess of five percent (5%) of direct premium written; and (C) Writes direct annual premiums for comprehensive medical business of two million dollars ($2,000,000) or less; or (2) A domestic health organization that is a limited benefit health maintenance organization.