No insurer shall use the term “stipulated premium” in its insurance applications or contracts, or print or use that term in its policies or literature, unless lawfully authorized to transact insurance in this state on the stipulated premium plan.
Ark. Code Ann. § 23-71-106
Use of “stipulated premium” prohibited — Exception
Acts 1959, No. 148, § 542; A.S.A. 1947, § 66-4403.
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.