Arkansas Code Title 23, Subtitle 3, Chapter 88, Subchapter 3 - Rural Risk Underwriting
- § 23-88-301 - Legislative Intent.
It is declared by the General Assembly of the State of Arkansas that adequate insurance upon property in the rural areas is necessary to...
- § 23-88-302 - Definitions.
As used in this subchapter: (1) "Association" means the Arkansas Rural Risk Underwriting Association established pursuant to the provisions of this subchapter; (2) "Commissioner"...
- § 23-88-303 - Arkansas Rural Risk Underwriting Association -- Plan of Property Insurance.
(a) (1) All insurers licensed to transact property insurance, as defined in ยง 23-62-104, shall become members of the Arkansas Rural Risk Underwriting Association....
- § 23-88-304 - Governing Board.
For the plan or plans there shall be a governing board of seven (7) members to be appointed by the Insurance Commissioner, which shall...
- § 23-88-305 - Promulgation and Approval of Plan -- Hearing.
(a) Within sixty (60) days following June 26, 1985, the governing board shall submit the plan to the Insurance Commissioner for his or her...
- § 23-88-306 - Provisions of Plan.
(a) (1) The plan shall provide for the efficient, economical, and fair administration of the Arkansas Rural Risk Underwriting Association and shall be consistent...
- § 23-88-307 - Liability of Insurer.
It being the intention of this subchapter to provide an adequate market for the property insurance coverages defined in this subchapter, no insurer participating...
- § 23-88-308 - Commissioner's Powers and Duties.
(a) In addition to approving the plan of operation, the Insurance Commissioner shall have the authority to promulgate rules and regulations necessary to effect...
- § 23-88-309 - Appeals.
Any applicant for a policy, any persons insured under the plan, and any agency or insurer affected by the plan may appeal to the...
Last modified: November 15, 2016