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23-61-101. State Insurance Department — Continuation — Assignment of space.
Arkansas Code — all titles (historical 2020) · legal_authorities
23-61-101. State Insurance Department — Continuation — Assignment of space.
(a)(1) There is created the State Insurance Department.
(2) The State Insurance Department is a division of the Department of Commerce.
(b) Suitable space shall be assigned for the use of the State Insurance Department.
(c)(1)(A) The purpose of the State Insurance Department is to serve and protect the public interest by the equitable enforcement of the state's laws and rules affecting the insurance industry.
(B) The primary mission of the State Insurance Department shall be consumer protection through insurer solvency and market conduct regulation, and fraud prosecution and deterrence.
(2) Nothing in this subsection shall be construed to limit the Insurance Commissioner's authority as enumerated in other provisions of the Arkansas Insurance Code.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 23-61-101
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. A text match is a research starting point; applicability is not established.
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Record provenance
Stable record: arkansas_code:legal_authorities:23-61-101
Source file: gov.ar.code.title.23.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 25a3944c82c37122f438f9d45b3cc2ad616d38cd5165e31f5aaf1946e679cfa3
Source location: content.xml paragraph 27692
Stored source content
23-61-101. State Insurance Department — Continuation — Assignment of space.
(a)(1) There is created the State Insurance Department.
(2) The State Insurance Department is a division of the Department of Commerce.
(b) Suitable space shall be assigned for the use of the State Insurance Department.
(c)(1)(A) The purpose of the State Insurance Department is to serve and protect the public interest by the equitable enforcement of the state's laws and rules affecting the insurance industry.
(B) The primary mission of the State Insurance Department shall be consumer protection through insurer solvency and market conduct regulation, and fraud prosecution and deterrence.
(2) Nothing in this subsection shall be construed to limit the Insurance Commissioner's authority as enumerated in other provisions of the Arkansas Insurance Code.
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