Arkansas § 23-88-207 Requirement to enter into insurance contract

Arkansas Statutes

§ 23-88-207 — Requirement to enter into insurance contract

Arkansas § 23-88-207

Title23

This text of Arkansas § 23-88-207 (Requirement to enter into insurance contract) 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. § 23-88-207 (2026).

Text

(a)No insurer may enter into a contract to insure any building, except one (1) to four (4) family owner-occupied dwellings, against the peril of fire to be issued after July 4, 1983, unless the insurer first receives an antiarson application signed and affirmed by the insured, if required by the Insurance Commissioner in accordance with the provisions of this subchapter.

(b)(1) Any antiarson application required by this subchapter shall be deemed a material part of the insurance policy to which the application pertains.

(2)A material misrepresentation shall be deemed grounds to rescind the insurance policy.

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(a) No insurer may enter into a contract to insure any building, except one (1) to four (4) family owner-occupied dwellings, against the peril of fire to be issued after July 4, 1983, unless the insurer first receives an antiarson application signed and affirmed by the insured, if required by the Insurance Commissioner in accordance with the provisions of this subchapter. (b) (1) Any antiarson application required by this subchapter shall be deemed a material part of the insurance policy to which the application pertains. (2) A material misrepresentation shall be deemed grounds to rescind the insurance policy.