Arkansas Code Title 23, Subtitle 3, Chapter 63, Subchapter 9 - Deposits

• § 23-63-901 - Authorized Deposits of Insurers.
  The following deposits of insurers when made through the Insurance Commissioner shall be accepted and held, and shall be subject to the provisions of...
• § 23-63-902 - Purpose.
  Deposits shall be held for purposes as follows: (1) Deposits made in this state under § 23-63-206 shall be held for the purposes stated...
• § 23-63-903 - Eligible Securities.
  (a) All deposits required under § 23-63-206 for authority to transact insurance in this state shall consist of certified checks or certificates of deposit,...
• § 23-63-904 - Depositary or Custodian.
  (a) Deposits made under the Arkansas Insurance Code shall be made through the office of the Insurance Commissioner in safe deposit or under custodial...
• § 23-63-905 - Record -- Liability of Commissioner and State.
  (a) The Insurance Commissioner shall keep a record of the securities and assets comprising each deposit and of all his or her transactions relative...
• § 23-63-906 - Assignment or Conveyance of Securities or Assets -- Appraisal.
  (a) (1) All securities not negotiable by delivery and deposited by an insurer, other than under § 23-81-130, shall be assigned to the Insurance...
• § 23-63-907 - Rights of Insurer During Solvency.
  So long as the insurer remains solvent and is in compliance with the Arkansas Insurance Code, it may: (1) Demand, receive, sue for, and...
• § 23-63-908 - Excess Deposits.
  (a) An insurer may so deposit assets or securities in an amount exceeding its deposit required or otherwise permitted under the Arkansas Insurance Code...
• § 23-63-909 - Payment of Claims.
  (a) (1) (A) If any insurer which has made the deposit in this state pursuant to § 23-63-206 fails to pay promptly any final...
• § 23-63-910 - Deficiency.
  (a) (1) If for any reason the market value of assets and securities of an insurer held on deposit in this state under §...
• § 23-63-911 - Duration and Release of Deposit Generally.
  (a) Subject to the right of the insurer to substitute securities as provided in § 23-63-907, all deposits in this state under § 23-63-206...
• § 23-63-912 - Duration and Release of Deposit of Life Insurance and Annuity Reserves.
  (a) Deposits of assets and securities representing, and at least equal in amount to, the reserves of a domestic life insurer under certain of...

Last modified: November 15, 2016