Arkansas Code Title 23, Subtitle 3, Chapter 66, Subchapter 2 - Trade Practices Act
- § 23-66-201 - Title.
This subchapter may be referred to as the "Trade Practices Act".
- § 23-66-202 - Purpose.
(a) The purpose of this subchapter is to regulate trade practices in the business of insurance in accordance with the intent of the United...
- § 23-66-203 - Definitions.
As used in this subchapter: (1) "Commissioner" means the Insurance Commissioner of this state; (2) (A) "Depository institution" means a bank or savings association....
- § 23-66-204 - Provisions of Subchapter Additional to Existing Law.
The powers vested in the Insurance Commissioner by this subchapter shall be additional to any other powers to order restitution or enforce any penalties,...
- § 23-66-205 - Unfair Competition or Unfair or Deceptive Acts or Practices Prohibited.
No person shall engage in this state in any trade practice which is defined in this subchapter as being, or determined pursuant to this...
- § 23-66-206 - Unfair Methods of Competition and Unfair or Deceptive Acts or Practices Defined.
The following are defined as unfair methods of competition and unfair or deceptive acts or practices in the business of insurance: (1) "Boycott, coercion,...
- § 23-66-207 - Rules and Regulations to Identify Prohibited Methods of Competition, Acts, or Practices.
(a) The Insurance Commissioner may, after notice and hearing, promulgate reasonable rules and regulations, as are necessary or proper to identify specific methods of...
- § 23-66-208 - Power of Commissioner to Examine and Investigate.
(a) The Insurance Commissioner shall have power to examine and investigate the affairs of every person engaged in the business of insurance in this...
- § 23-66-209 - Hearings -- Procedures.
(a) (1) Whenever the Insurance Commissioner has reason to believe that any person has been engaged or is engaging in this state in any...
- § 23-66-210 - Cease and Desist and Penalty Orders -- Modifications.
(a) If after the hearing the Insurance Commissioner shall determine that the person charged has engaged in an unfair method of competition or an...
- § 23-66-211 - Penalty for Violation of Cease and Desist Orders.
Any person who violates a cease and desist order of the Insurance Commissioner under § 23-66-210 while the order is in effect may, after...
- § 23-66-212 - Judicial Review of Cease and Desist Orders.
(a) (1) Any person subject to an order of the Insurance Commissioner under § 23-66-210 or § 23-66-211 may obtain a review of the...
- § 23-66-213 - Judicial Review by Intervenor.
(a) If, after a hearing under § 23-66-210 or § 23-66-211, the report of the Insurance Commissioner does not charge a violation of this...
- § 23-66-214 - Immunity From Prosecution.
(a) If any person shall ask to be excused from attending and testifying or from producing any books, papers, records, correspondence, or other documents...
- § 23-66-215 - Penalty for Late Payment of Claims by Health Carriers.
(a) (1) A health carrier shall pay a penalty of twelve percent (12%) per annum for late payment of claims under a health insurance...
Last modified: November 15, 2016