As used in the Arkansas Insurance Code, unless the context otherwise requires, “property insurance” is insurance on real or personal property of every kind and of every interest therein, whether on land, water, or in the air, against loss or damage from any and all hazard or cause and against loss consequential upon the loss or damage, other than noncontractual legal liability for the loss or damage.
Ark. Code Ann. § 23-62-104
Property insurance
Applied in 1 court decision — leading case Douglass v. Nationwide Mutual Insurance (1996)
Most recently applied in Douglass v. Nationwide Mutual Insurance (January 1996)
Acts 1959, No. 148, § 75; A.S.A. 1947, § 66-2404.
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.