Arkansas Code § 23-85-103 - Third Party Ownership

The word "insured" as used in this section and ยงยง 23-85-101, 23-85-102, and 23-85-104 -- 23-85-131 shall not be construed as preventing a person other than the insured with a proper insurable interest from making application for and owning a policy covering the insured or from being entitled under such a policy to any indemnities, benefits, and rights provided therein.

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Last modified: November 15, 2016