Arkansas Statutes
§ 23-71-115 — Merger, consolidation, or adoption of plan of exchange
Arkansas·Title 23
(a)A stipulated premium plan insurer may merge or consolidate into another stipulated premium plan insurer or into a stock insurer authorized to transact insurance in this state, or it may adopt a plan of exchange of the outstanding stock of its stockholders in accordance with the procedures prescribed by §§ 23-69-142 - 23-69-148 .
(b)A mutual assessment insurer may merge into a stipulated premium plan insurer under § 23-72-119 .
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Arkansas § 23-71-115 (Merger, consolidation, or adoption of plan of exchange) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Acts 1959, No. 148, § 553; 1985, No. 804, § 12; A.S.A. 1947, § 66-4414.
Nearby Sections
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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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