Arkansas § 23-63-525 Acquisitions involving insurers not otherwise covered - Definitions

Arkansas Statutes

§ 23-63-525 — Acquisitions involving insurers not otherwise covered - Definitions

Arkansas § 23-63-525

Title23

This text of Arkansas § 23-63-525 (Acquisitions involving insurers not otherwise covered - Definitions) 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. § 23-63-525 (2026).

Text

The following definitions shall apply for the purposes of §§ 23-63-525 - 23-63-530 only:

(1)"Acquisition" means any agreement, arrangement, or activity the consummation of which results in a person acquiring directly or indirectly the control of another person, and includes, but is not limited to, the acquisition of voting securities, the acquisition of assets, bulk reinsurance, and mergers; and (2) An "involved insurer" includes an insurer which either acquires or is acquired, is affiliated with an acquirer or acquired, or is the result of a merger.

Free access — add to your briefcase to read the full text and ask questions with AI

The following definitions shall apply for the purposes of §§ 23-63-525 - 23-63-530 only: (1) "Acquisition" means any agreement, arrangement, or activity the consummation of which results in a person acquiring directly or indirectly the control of another person, and includes, but is not limited to, the acquisition of voting securities, the acquisition of assets, bulk reinsurance, and mergers; and (2) An "involved insurer" includes an insurer which either acquires or is acquired, is affiliated with an acquirer or acquired, or is the result of a merger.