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Ark. Code Ann. § 23-83-123

Group insurance on Arkansas residents placed in authorized insurers

Acts 1981, No. 898, § 23; A.S.A. 1947, § 66-3523; Acts 2007, No. 496, § 16.

(1) All group life, annuity, and accident and health insurance placed by an employer on employees who are residents of this state shall be placed by the employer with an insurer authorized to transact insurance in this state.

(2) This section shall not apply to group insurance lawfully placed in an authorized insurer as a surplus line under § 23-65-101 et seq.

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.