Arkansas Statutes
§ 23-63-204 — Certificate of authority - Eligibility - Combinations of kinds of insurance
Arkansas·Title 23
An insurer which otherwise qualifies therefor may be authorized to transact any one (1) kind or combination of kinds of insurance, as defined in §§ 23-62-101 - 23-62-108 , except:
(1)A life insurer shall be authorized to transact in addition only accident and health insurance. However, the Insurance Commissioner shall continue to so authorize any life insurer otherwise qualified that, immediately prior to January 1, 1960, was lawfully authorized to transact in this state kinds of insurance in addition to life and accident and health;
(2)A reciprocal insurer shall not transact life insurance; and (3) A title insurer shall be a stock insurer.
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Arkansas § 23-63-204 (Certificate of authority - Eligibility - Combinations of kinds of insurance) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Acts 1959, No. 148, § 48; A.S.A. 1947, § 66-2206; Acts 2001, No. 1603, § 8.
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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