Arkansas § 23-63-907 Rights of insurer during solvency

Arkansas Statutes

§ 23-63-907 — Rights of insurer during solvency

Arkansas § 23-63-907

Title23

This text of Arkansas § 23-63-907 (Rights of insurer during solvency) 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. § 23-63-907 (2026).

Text

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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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.