Arkansas Statutes
§ 23-70-119 — Aggregate liability
Arkansas·Title 23
No one (1) policy or subscriber as to the policy shall be assessed or charged with an aggregate of contingent liability as to obligations incurred by a domestic reciprocal insurer in any one (1) calendar year in excess of the amount provided for in the power of attorney or in the subscribers' agreement, computed solely upon premium earned on the policy during that year.
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Legislative History
Acts 1959, No. 148, § 534; A.S.A. 1947, § 66-4325.
Nearby Sections
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