Purpose
Acts 1997, No. 930, § 1; 2001, No. 580, § 25.
The purposes of this chapter are to:
(1) Promote the public welfare by regulating creditor-placed insurance;
(2) Create a legal framework within which creditor-placed insurance may be written in this state; and
(3) Minimize unfair competitive practices in the sale of creditor-placed insurance.
Current official text: Arkansas General Assembly. Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Arkansas statutes; confirm against the official source for the current text. Not legal advice.