Arkansas Statutes

§ 23-83-101 — Group contracts must meet group requirements

Arkansas § 23-83-101

This text of Arkansas § 23-83-101 (Group contracts must meet group requirements) 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. § 23-83-101 (2026).

Text

(a)Except when specifically provided otherwise, "policy" as used in this chapter shall include both life insurance and annuities.
(b)(1) No policy shall be delivered in this state insuring the lives of more than one (1) individual with or without one (1) or more members of the family or one (1) or more dependents, or covering one (1) or more members of the family or one (1) or more dependents of the group of persons, unless to one (1) of the groups as provided for in §§ 23-83-102 - 23-83-107 and unless in compliance with the other applicable provisions of this chapter.
(2)Subdivision (b)(1) of this section shall not apply to policies:
(A)Insuring only individuals related by blood, marriage, or legal adoption;
(B)Insuring only individuals having a common interest through ownership of a

Free access — add to your briefcase to read the full text and ask questions with AI

Legislative History

Acts 1981, No. 898, § 1; A.S.A. 1947, § 66-3501.

Nearby Sections

15
View on official source ↗

Cite This Page — Counsel Stack

Bluebook (online)
Arkansas § 23-83-101, Counsel Stack Legal Research, https://law.counselstack.com/statute/ar/23-83-101.