All life insurance and all disability insurance sold in connection with loans or other credit transactions shall be subject to the provisions of this chapter, except insurance sold in connection with a loan or other credit transaction of more than ten (10) years' duration.
Ark. Code Ann. § 23-87-104
Scope
Known as the Model Act
The act spans §§ 23–23 (19 sections).
Acts 1959, No. 148, § 429; 1973, No. 66, § 8; A.S.A. 1947, § 66-3803.
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.