Arkansas Code § 23-63-513 - Control of or Merger With Domestic Insurer -- Violations

The following shall be violations of §§ 23-63-506 -- 23-63-513:

(1) The failure to file any statement, amendment, or other materials required to be filed pursuant to § 23-63-506 or § 23-63-508; or

(2) The effectuation or any attempt to effectuate an acquisition of control of, or merger with, a domestic insurer unless the Insurance Commissioner has given his or her approval thereto.

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Last modified: November 15, 2016