Arkansas Statutes

§ 23-64-231 — Settlement with terminated producers required

Arkansas § 23-64-231

This text of Arkansas § 23-64-231 (Settlement with terminated producers required) 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. § 23-64-231 (2026).

Text

(a)All life and accident and health insurance companies doing business in the State of Arkansas, as a condition of doing business in this state, shall make settlement with their authorized producers whose services are terminated by any insurance company, for all commissions then due and owing, and thereafter make settlement, from time to time, according to the terms of the contract of employment.
(b)Whenever any life and accident and health insurance company in this state shall merge with, or be absorbed by, another life and accident and health insurance company or another insurance company, the successor company shall succeed to all of the obligations of the merged or absorbed company with regard to any unpaid settlements due producers of the merged or absorbed company under the provisi

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Legislative History

Acts 2001, No. 1604, § 42.

Nearby Sections

15
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Bluebook (online)
Arkansas § 23-64-231, Counsel Stack Legal Research, https://law.counselstack.com/statute/ar/23-64-231.