Arkansas Statutes
§ 23-70-121 — Distribution of savings
Arkansas § 23-70-121
JurisdictionArkansas
Title23
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
§ 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
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Bluebook (online)
Arkansas § 23-70-121, Counsel Stack Legal Research, https://law.counselstack.com/statute/ar/23-70-121.