Arkansas Statutes
§ 23-63-907 — Rights of insurer during solvency
Arkansas·Title 23
So long as the insurer remains solvent and is in compliance with the Arkansas Insurance Code, it may:
(1)Demand, receive, sue for, and recover the income from the securities or assets deposited;
(2)Exchange and substitute for the deposited securities or assets, or any part thereof, other eligible securities and assets of equivalent or greater value; and (3) At any reasonable time inspect the deposit.
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Arkansas § 23-63-907 (Rights of insurer during solvency) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Acts 1959, No. 148, § 138; A.S.A. 1947, § 66-2707.
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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