Arkansas § 23-63-511 Control of or merger with domestic insurer - Mailings

Arkansas Statutes

§ 23-63-511 — Control of or merger with domestic insurer - Mailings

Arkansas § 23-63-511

Title23

This text of Arkansas § 23-63-511 (Control of or merger with domestic insurer - Mailings) 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. § 23-63-511 (2026).

Text

(a)All statements, amendments, or other materials filed pursuant to § 23-63-506 or § 23-63-508 and all notices of public hearings held pursuant to § 23-63-510 shall be mailed by the insurer to its shareholders within five (5) business days after the insurer has received the statements, amendments, other material, or notices.

(b)The expenses of mailing shall be borne by the person making the filing.

(c)As security for the payment of the expenses, the person shall file with the Insurance Commissioner an acceptable bond or other deposit in an amount to be determined by the commissioner.

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(a) All statements, amendments, or other materials filed pursuant to § 23-63-506 or § 23-63-508 and all notices of public hearings held pursuant to § 23-63-510 shall be mailed by the insurer to its shareholders within five (5) business days after the insurer has received the statements, amendments, other material, or notices. (b) The expenses of mailing shall be borne by the person making the filing. (c) As security for the payment of the expenses, the person shall file with the Insurance Commissioner an acceptable bond or other deposit in an amount to be determined by the commissioner.