A domestic life insurer which has made a deposit as to reserves pursuant to § 23-81-130 and which has also heretofore made a similar deposit with respect to its capital stock under laws heretofore in force may, to the extent that the deposit as to capital stock is composed of securities and assets eligible for deposit under § 23-63-903, credit the amount of the deposit as to capital upon the amount of deposit required as to such reserves.
Ark. Code Ann. § 23-81-135
Registered life insurance policies and annuity contracts — Credit of certain deposits
Acts 1959, No. 148, § 342; A.S.A. 1947, § 66-3333.
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.