Arkansas Statutes
§ 23-97-320 — Authority to promulgate rules
Arkansas·Title 23
The Insurance Commissioner shall issue rules for long-term care insurance to:
(1)Promote premium adequacy;
(2)Protect the policyholder in the event of substantial rate increases; and (3) Establish minimum standards for:
(A)Marketing practices;
(B)Agent compensation;
(C)Agent testing;
(D)Penalties; and (E) Reporting practices.
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Legislative History
Amended by Act 2019, No. 315,§ 2792, eff. 7/24/2019. Acts 2005, No. 1697, § 31.
Nearby Sections
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§ 23-1-101
Definitions§ 23-1-103
Compliance with Acts 1935, No. 324, and rules of commission required - Penalties for noncompliance§ 23-1-106
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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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