Arkansas § 23-63-837 Property and facilities for fossil or synthetic fuel production

Arkansas Statutes

§ 23-63-837 — Property and facilities for fossil or synthetic fuel production

Arkansas § 23-63-837

Title23

This text of Arkansas § 23-63-837 (Property and facilities for fossil or synthetic fuel production) 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. § 23-63-837 (2026).

Text

(a)An insurer may invest in property and facilities, and any interests and rights in properties and facilities, for the development and production of fossil or synthetic fuel or other minerals, including, but not limited to, investments relating to:

(1)The exploration for and development and production of those fuels and minerals; and (2) Ownership and control of the property, facilities, interests, and rights.

(b)Investment in property and facilities, and any interests and rights in the properties and facilities for the development and production of fossil or synthetic fuel or other minerals under this section shall not exceed two percent (2%) of the insurer's assets.

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(a) An insurer may invest in property and facilities, and any interests and rights in properties and facilities, for the development and production of fossil or synthetic fuel or other minerals, including, but not limited to, investments relating to: (1) The exploration for and development and production of those fuels and minerals; and (2) Ownership and control of the property, facilities, interests, and rights. (b) Investment in property and facilities, and any interests and rights in the properties and facilities for the development and production of fossil or synthetic fuel or other minerals under this section shall not exceed two percent (2%) of the insurer's assets.