Arkansas Statutes

§ 23-72-122 — Officers and members not individually liable

Arkansas·Title 23
Officers and members of a domestic insurer shall not be individually liable for the payment of any disability or death benefit provided for in the bylaws and agreements of the insurer, but the benefit shall be payable out of the funds of the insurer and in the manner provided by its bylaws.

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Legislative History

Acts 1959, No. 148, § 577; A.S.A. 1947, § 66-4522.

Nearby Sections

15
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