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Ark. Code Ann. § 23-70-121

Distribution of savings

Acts 1959, No. 148, § 536; A.S.A. 1947, § 66-4327.

(1) A reciprocal insurer may return to its subscribers from time to time any unused premiums, savings, or credits accruing to their accounts.

(2) Any distribution shall not unfairly discriminate between classes of risks, or policies, or between subscribers, but the distribution may vary as to classes of subscribers based upon the experience of those subscribers.

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.