After an insurer rejects or declines to issue a life or accident and health insurance policy, the insurer shall return the premium to the applicant within a reasonable period of time.
Ark. Code Ann. § 23-79-108
Return of premium to rejected applicant
Acts 1985, No. 793, § 1; A.S.A. 1947, § 66-2027; Acts 2001, No. 1604, § 83.
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.