Arkansas Statutes
§ 23-81-401 — Exceptions from Arkansas Insurance Code
Arkansas·Title 23
(a)(1) All pertinent provisions of the Arkansas Insurance Code shall apply to separate accounts and contracts relating to those accounts, except:
(A)Sections 23-81-122 , 23-81-127 , and 23-81-128 in the case of a variable annuity contract;
(B)Sections 23-81-104 , 23-81-109 - 23-81-111 , and the Standard Nonforfeiture Law for Life Insurance, § 23-81-201 et seq., in the case of a variable life insurance policy;
(C)Section 23-83-109 in the case of group variable life insurance; and (D) As otherwise provided in this subchapter.
(2)Any group or individual variable life insurance contract or annuity contract delivered or issued for delivery in this state shall contain grace, reinstatement, and nonforfeiture provisions appropriate to the contract.
(b)The reserve liability for variable contr
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Legislative History
Acts 1975, No. 728, § 5; A.S.A 1947, § 66-3341; Acts 2007, No. 827, § 187.
Nearby Sections
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§ 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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