Arkansas Statutes
§ 23-63-1611 — Reinsurance
Arkansas § 23-63-1611
JurisdictionArkansas
Title23
This text of Arkansas § 23-63-1611 (Reinsurance) 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. § 23-63-1611 (2026).
Text
(a)A captive insurance company may provide reinsurance under the Arkansas Insurance Code, on risks ceded by any other insurer.
(b)A captive insurance company may take credit for reserves on risks or portions of risks ceded to reinsurers that are:
(1)Complying with § 23-62-305(a) -
(d); or (2) Not complying with § 23-62-305(a) -
(d)upon approval of the captive insurance company's business plan by the Insurance Commissioner.
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Legislative History
Amended by Act 2013, No. 461,§ 1, eff. 3/21/2013. Acts 2001, No. 1391, § 11.
Nearby Sections
15
§ 23-1-101
Definitions§ 23-1-103
Compliance with Acts 1935, No. 324, and rules of commission required - Penalties for noncompliance§ 23-1-106
Penalties cumulative - Recovery of penalty not bar to further penalty or criminal prosecution§ 23-1-108
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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Bluebook (online)
Arkansas § 23-63-1611, Counsel Stack Legal Research, https://law.counselstack.com/statute/ar/23-63-1611.