Arkansas Statutes
§ 23-63-1613 — Pools, plans, associations, and guaranty or insolvency funds
Arkansas·Title 23
(a)A captive insurance company, including a captive insurance company organized as a reciprocal insurer under this subchapter, shall not join or contribute financially to a plan, pool, association, or guaranty or insolvency fund in this state.
(b)A captive insurance company, its insured, its parent, any affiliated company, any member organization of its association or, in the case of a captive insurance company organized as a reciprocal insurer, a subscriber of the company shall not receive a benefit from a plan, pool, association, or guaranty or insolvency fund for claims arising out of the operations of the captive insurance company.
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Legislative History
Acts 2001, No. 1391, § 13.
Nearby Sections
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