Arkansas Statutes
§ 23-66-304 — Fictitious groups
Arkansas·Title 23
(a)No insurer, whether an authorized or unauthorized insurer, shall make available through any rating plan or form any fire, casualty, or surety insurance to any person, firm, corporation, or association of individuals at any preferred rate, premium, or form of contract based upon any fictitious grouping of the firm, corporation, or association.
(b)"Fictitious grouping" is defined and declared to be the grouping by membership, nonmembership, license, franchise, agreement, contract, or any other method or means wherein the person, firm, corporation, or association of individuals of a group may receive a preferred rate, premium, or form of insurance contract.
(c)Nothing in this section shall apply to the State of Arkansas or any governmental unit thereof, including counties, school distri
Free access — add to your briefcase to read the full text and ask questions with AI
Arkansas § 23-66-304 (Fictitious groups) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Acts 1959, No. 148, § 231; 1963, No. 75, § 2; 1979, No. 615, § 1; A.S.A. 1947, § 66-3024; Acts 2001, No. 1603, § 26.
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
Citizens band radio equipment