There may be a provision as follows:
“Unpaid Premiums: Upon the payment of a claim under this policy, any premium then due and unpaid or covered by any note or written order may be deducted therefrom.”
Ark. Code Ann. § 23-85-123
Optional unpaid premiums provision
Acts 1959, No. 148, § 408; A.S.A. 1947, § 66-3623.
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.