Arkansas Statutes
§ 23-68-129 — Time for filing claims
Arkansas·Title 23
(a)If, upon the entry of an order of liquidation under this chapter or at any time thereafter during liquidation proceedings, the insurer shall not be clearly solvent, the court shall, upon hearing after such notice as it deems proper, make and enter an order adjudging the insurer to be insolvent.
(b)(1) After the entry of the order of insolvency, regardless of any prior notice that may have been given to creditors, the Insurance Commissioner shall notify all persons who may have claims against the insurer to file the claims with him or her, at a place and within the time specified in the notice, or that the claims shall be forever barred.
(2)The time specified in the notice shall be as fixed by the court for filing of claims and which shall be not less than six (6) months after the ent
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Legislative History
Acts 1959, No. 148, § 667; A.S.A. 1947, § 66-4830.
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