Arkansas Statutes

§ 23-88-303 — Arkansas Rural Risk Underwriting Association - Plan of property insurance

Arkansas § 23-88-303

This text of Arkansas § 23-88-303 (Arkansas Rural Risk Underwriting Association - Plan of property insurance) 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. § 23-88-303 (2026).

Text

(a)(1) All insurers licensed to transact property insurance, as defined in § 23-62-104 , shall become members of the Arkansas Rural Risk Underwriting Association.
(2)For the purposes of this section, farmers' mutual aid associations or companies are insurers and are subject to the assessments and other requirements imposed on insurers under this section.
(b)This association or company shall provide a plan of property insurance to insurable rural risk applicants. Rural risk applicants are those applicants seeking insurance on risks located in geographic areas to be determined "rural areas" by the governing board, subject to the approval of the Insurance Commissioner.

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Legislative History

Acts 1985 (1st Ex. Sess.), No. 25, § 3; A.S.A. 1947, § 66-6103; Acts 2005, No. 2004, § 5.

Nearby Sections

15
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Bluebook (online)
Arkansas § 23-88-303, Counsel Stack Legal Research, https://law.counselstack.com/statute/ar/23-88-303.