Rules to identify prohibited methods of competition, acts, or practices
Applied in 2 court decisions — leading case Design Professionals Insurance v. Chicago Insurance (2006)
Most recently applied in 2020 Ark. App. 426 - Earl Betts and Amy Betts v. Usaa General Indemnity Company (September 2020)
Acts 1959, No. 148, § 217; 1973, No. 41, § 6; A.S.A. 1947, § 66-3010; Acts 2019, No. 315, § 2663.
(1) The Insurance Commissioner may, after notice and hearing, promulgate reasonable rules, as are necessary or proper to identify specific methods of competition or acts or practices which are prohibited by § 23-66-206 or § 23-66-312, but the rules shall not enlarge upon or extend the provisions of those sections.
(2) The rules shall be subject to review in accordance with § 23-61-307.
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.