Arkansas Statutes
§ 23-83-109 — Provisions required in policy
Arkansas·Title 23
(a)No policy shall be delivered in this state unless it contains in substance the following provisions, or provisions which in the opinion of the Insurance Commissioner are more favorable to the persons insured, or at least as favorable to the persons insured and more favorable to the policyholder.
(b)However:
(1)Provisions in §§ 23-83-115 - 23-83-119 shall not apply to policies insuring the lives of debtors;
(2)The standard provisions required for individual policies shall not apply to group policies; and (3) If the group policy is an annuity policy or is a life insurance policy on a plan of insurance other than the term plan, it shall contain a nonforfeiture provision which in the opinion of the commissioner is equitable to the insured persons and to the policyholder, but nothing in
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Related
Kendall Dodson v. J.C. Penney Life
(Eighth Circuit, 2003)
Kendall Dodson Dennis D. Dodson Jerry Dodson Loyal S. Dodson v. J.C. Penney Company, Inc. J.C. Penney Life Insurance Company
309 F.3d 476 (Eighth Circuit, 2002)
Legislative History
Acts 1981, No. 898, § 9; A.S.A. 1947, § 66-3509.
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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