Arkansas Statutes
§ 23-63-1509 — Supplemental provisions - Rules - Exemption
Arkansas·Title 23
(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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Legislative History
Acts 1999, No. 580, § 9; 2011, No. 760, § 5.
Nearby Sections
15
§ 23-1-101
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Compliance with Acts 1935, No. 324, and rules of commission required - Penalties for noncompliance§ 23-1-106
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Jurisdiction and venue of actions§ 23-1-110
Actions tried without jury - Exceptions§ 23-1-111
Copies of official papers as evidence§ 23-1-115
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