A licensed agent authorized to sell life or accident and health insurance may place, from time to time, excess or rejected risks in any other life or accident and health insurer authorized to transact insurance in this state with the knowledge and approval of the insurers as to which the agent is so appointed and may receive a commission thereon without being required to have an appointment as to the other insurer.
Ark. Code Ann. § 23-64-225
Excess or rejected business
Acts 1959, No. 148, § 175; A.S.A. 1947, § 66-2832; Acts 1997, No. 1004, § 1; 2001, No. 1603, § 19.
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.