Arkansas § 23-97-321 Penalties

Arkansas Statutes

§ 23-97-321 — Penalties

Arkansas § 23-97-321

Title23

This text of Arkansas § 23-97-321 (Penalties) 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. § 23-97-321 (2026).

Text

In addition to any other penalties provided by the laws of this state, any insurer or agent found to have violated any requirement of this state relating to the regulation of long-term care insurance or the marketing of long-term care insurance is subject to the greater of:

(1)A fine of up to three (3) times the amount of any commissions paid for each policy involved in the violation; or (2) A fine of up to ten thousand dollars ($10,000).

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In addition to any other penalties provided by the laws of this state, any insurer or agent found to have violated any requirement of this state relating to the regulation of long-term care insurance or the marketing of long-term care insurance is subject to the greater of: (1) A fine of up to three (3) times the amount of any commissions paid for each policy involved in the violation; or (2) A fine of up to ten thousand dollars ($10,000).