Arkansas Statutes

§ 23-63-602 — Assets as deductions from liabilities

Arkansas § 23-63-602

This text of Arkansas § 23-63-602 (Assets as deductions from liabilities) 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. § 23-63-602 (2026).

Text

Assets may be allowed as deductions from corresponding liabilities, and liabilities may be charged as deductions from assets. Deductions from assets may be charged as liabilities in accordance with the National Association of Insurance Commissioners' publication as it existed on January 1, 2001, entitled the "Accounting Practices and Procedures Manual".

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Legislative History

Acts 1959, No. 148, § 83; A.S.A. 1947, § 66-2502; Acts 2001, No. 1566, § 4.

Nearby Sections

15
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Bluebook (online)
Arkansas § 23-63-602, Counsel Stack Legal Research, https://law.counselstack.com/statute/ar/23-63-602.