Arkansas Statutes

§ 23-70-121 — Distribution of savings

Arkansas § 23-70-121

This text of Arkansas § 23-70-121 (Distribution of savings) 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. § 23-70-121 (2026).

Text

(a)A reciprocal insurer may return to its subscribers from time to time any unused premiums, savings, or credits accruing to their accounts.
(b)Any distribution shall not unfairly discriminate between classes of risks, or policies, or between subscribers, but the distribution may vary as to classes of subscribers based upon the experience of those subscribers.

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Legislative History

Acts 1959, No. 148, § 536; A.S.A. 1947, § 66-4327.

Nearby Sections

15
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Bluebook (online)
Arkansas § 23-70-121, Counsel Stack Legal Research, https://law.counselstack.com/statute/ar/23-70-121.