Arkansas Statutes
§ 23-88-502 — Licensure of vendors
Arkansas·Title 23
(a)A vendor is required to hold a limited lines license to sell or offer coverage under a portable electronics insurance policy.
(b)A limited lines license issued under this subchapter shall authorize an employee or authorized representative of the licensee to sell or offer coverage under a policy of portable electronics insurance to a customer at locations the vendor engages in the business of portable electronics transactions.
(c)A supervising entity shall:
(1)Maintain a registry of vendor locations that are authorized to offer coverage for portable electronics in this state; and (2) Produce the registry for inspection and examination during its regular business hours upon receipt of a ten-day notice from the Insurance Commissioner.
(d)A license issued under this subchapter authoriz
Free access — add to your briefcase to read the full text and ask questions with AI
Arkansas § 23-88-502 (Licensure of vendors) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Amended by Act 2013, No. 340,§ 1, eff. 8/16/2013. Acts 2011, No. 1018, § 1.
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
Citizens band radio equipment