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Ark. Code Ann. § 23-63-513

Control of or merger with domestic insurer — Violations

Acts 1971, No. 288, § 5; A.S.A. 1947, § 66-5005.

The following shall be violations of §§ 23-63-506 — 23-63-513:

(1) The failure to file any statement, amendment, or other materials required to be filed pursuant to § 23-63-506 or § 23-63-508; or

(2) The effectuation or any attempt to effectuate an acquisition of control of, or merger with, a domestic insurer unless the Insurance Commissioner has given his or her approval thereto.

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.