Arkansas Statutes
§ 23-72-107 — Pro rata or level assessment plans
Arkansas·Title 23
(a)Except as provided in § 23-72-118 , a mutual assessment insurer may transact insurance on either the pro rata assessment plan only or on the level or stipulated rate plan only.
(b)Each plan shall be governed by the provisions of this chapter made specifically applicable thereto and by those provisions applicable to both plans.
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Legislative History
Acts 1959, No. 148, § 562; A.S.A. 1947, § 66-4507.
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