Arkansas Statutes
§ 23-72-116 — Pro rata plan insurer - Reclassification and rearrangement of members
Arkansas § 23-72-116
JurisdictionArkansas
Title23
This text of Arkansas § 23-72-116 (Pro rata plan insurer - Reclassification and rearrangement of members) 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. § 23-72-116 (2026).
Text
A pro rata assessment plan insurer has power at any time to reclassify, transfer, or rearrange its members, to merge or unite circles or groups; and to unite into one (1) group or circle two (2) or more groups or circles, the membership of which has decreased below the maximum. The insurer shall not start a new group or circle so long as any other group or circle is not up to maximum. All groups and circles shall be kept up to the maximum.
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Legislative History
Acts 1959, No. 148, § 571; A.S.A. 1947, § 66-4516.
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 § 23-72-116, Counsel Stack Legal Research, https://law.counselstack.com/statute/ar/23-72-116.