Arkansas Statutes

§ 23-85-139 — Written notice for premium payments made

Arkansas § 23-85-139

This text of Arkansas § 23-85-139 (Written notice for premium payments made) 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. § 23-85-139 (2026).

Text

(a)No insurer issuing or renewing policies pursuant to this chapter or conversion policies issued pursuant to § 23-86-115 shall unilaterally change the premium payment mode for the policyholder or payor unless the insurer provides written notice of the effective date of the premium payment mode change to the policyholder or payor at least sixty (60) days prior to the change.
(b)This section shall not apply when an insurer unilaterally changes the premium payment mode solely due to a policyholder's or payor's nonpayment of premium.

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Legislative History

Acts 2001, No. 1177, § 1.

Nearby Sections

15
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Bluebook (online)
Arkansas § 23-85-139, Counsel Stack Legal Research, https://law.counselstack.com/statute/ar/23-85-139.