(a) Any insurer that has an officer, director, or employee serving as a member of the Arkansas Property and Casualty Advisory Association shall not lose the right to negotiate for and enter into contracts of reinsurance or assumption of liability or contracts of substitution to provide for liabilities for covered claims with the receiver of an insolvent insurer. The entering into any contract shall not be deemed a conflict of interest.
(b) The association or any insurer assessed under this chapter shall be an interested party under ยง 23-68-118.
Section: Previous 23-90-103 23-90-104 23-90-105 23-90-106 23-90-107 23-90-108 23-90-109 23-90-110 23-90-111 23-90-112 23-90-113 23-90-114 23-90-115 23-90-116 23-90-117 NextLast modified: November 15, 2016