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Ark. Code Ann. § 23-70-109

Modifications

Acts 1959, No. 148, § 520; A.S.A. 1947, § 66-4311.

(1) Modifications of the terms of the subscribers' agreement or of the power of attorney of a domestic reciprocal insurer shall be made jointly by the attorney and the subscribers' advisory committee.

(2) No modification shall be effective retroactively, nor as to any insurance contract issued prior 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.