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23-61-401. License and miscellaneous fees.
Arkansas Code — all titles (historical 2020) · legal_authorities
23-61-401. License and miscellaneous fees.
The Insurance Commissioner shall collect annually or biennially as prescribed by rule of the commissioner and pay to the Treasurer of State the following fees, licenses, and miscellaneous charges:
(1) Admission fees: (A) Filing and reviewing all documents necessary for issuance of certificate of incorporation for domestic companies $100.00 (B) Issuance of an original certificate of incorporation for domestic companies 50.00 (C) Reviewing all documents necessary for issuance of original certificate of authority 500.00 (D) Issuance of original certificate of authority for all companies 150.00 (E) Issuance of original license for rate service organiza- tions and employer service assurance organizations 500.00 (F) Filing and reviewing all documents of a nonadmitted company seeking to be placed on the “approved” list for the writing of surplus lines insurance 500.00 (2) Annual renewal fees: (A) Filing an annual statement for all companies 50.00 (B) Renewal of a certificate of authority for all companies 100.00 (C) Rate service organizations and employer service as- surance organizations, annual continuation of license 100.00 (3) Other miscellaneous fees: (A) Amendment to articles of incorporation 25.00 (B) Reinstatement of certificate of authority 50.00 (C) Amending an existing certificate of authority 100.00 (4) Agent's license for resident agents: (A) Property, casualty, surety agents: Original issuance of each license 15.00 Annual continuation of appointment, each insurer 10.00 Appointment of agent by insurer, each insurer 10.00 (B) Life and accident and health insurance agents: Appointment of agent by insurer, each insurer 10.00 Annual continuation of appointment, e
Source: Arkansas Code — historical release 78 (November 6, 2020) · 23-61-401
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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Stable record: arkansas_code:legal_authorities:23-61-401
Source file: gov.ar.code.title.23.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 143c004d74c6f044b1e498461dfa2c571508704151fcb3d0e213f49b992348e3
Source location: content.xml paragraph 28322
Stored source content
23-61-401. License and miscellaneous fees.
The Insurance Commissioner shall collect annually or biennially as prescribed by rule of the commissioner and pay to the Treasurer of State the following fees, licenses, and miscellaneous charges:
(1) Admission fees: (A) Filing and reviewing all documents necessary for issuance of certificate of incorporation for domestic companies $100.00 (B) Issuance of an original certificate of incorporation for domestic companies 50.00 (C) Reviewing all documents necessary for issuance of original certificate of authority 500.00 (D) Issuance of original certificate of authority for all companies 150.00 (E) Issuance of original license for rate service organiza- tions and employer service assurance organizations 500.00 (F) Filing and reviewing all documents of a nonadmitted company seeking to be placed on the “approved” list for the writing of surplus lines insurance 500.00 (2) Annual renewal fees: (A) Filing an annual statement for all companies 50.00 (B) Renewal of a certificate of authority for all companies 100.00 (C) Rate service organizations and employer service as- surance organizations, annual continuation of license 100.00 (3) Other miscellaneous fees: (A) Amendment to articles of incorporation 25.00 (B) Reinstatement of certificate of authority 50.00 (C) Amending an existing certificate of authority 100.00 (4) Agent's license for resident agents: (A) Property, casualty, surety agents: Original issuance of each license 15.00 Annual continuation of appointment, each insurer 10.00 Appointment of agent by insurer, each insurer 10.00 (B) Life and accident and health insurance agents: Appointment of agent by insurer, each insurer 10.00 Annual continuation of appointment, each insurer 10.00 (C) Each vending machine licensed under § 23-64-221 , each year 10.00 (5) Broker's license for resident brokers: (A) Original license 30.00 (B) Annual continuation of license 30.00 (6) Nonresident broker (corporate) license: (A) Original license 30.00 (B) Annual continuation of license 30.00 (7) Nonresident broker license: (A) Original license 30.00 (B) Annual continuation of license 30.00 (8) Nonresident agent license fees: As established by rule of the commissioner (9) Temporary license: (A) As resident agent 10.00 (B) As resident broker 25.00 (10) Examination for agent or broker license: (A) Filing application for examination for agent or broker 10.00 (B) Filing application for reexamination for agent or broker 5.00 (11) Surplus line broker license: (A) Original license, individual 1,000.00 (B) Original license, firms and corporations plus one (1) qualifying individual 1,000.00 (C) Each additional individual 100.00 (D) Annual continuation of license 25.00 (12) Adjuster's license, each year 25.00 (13) Consultants: (A) Original license 25.00 (B) Annual renewal 25.00 (14) Miscellaneous services: (A) For copies of documents and records on file in State Insurance Department, per page 0.25 (B) For each certificate of the commissioner other than certificates of authority 5.00
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Arkansas Code — all titles (historical 2020) · legal_authorities
23-64-221. Vending machines.
(a) A licensed producer may solicit applications for and issue policies of personal travel and accident insurance by means of mechanical vending machines supervised by him or her and placed at airports, railroad stations, bus stations, hotels, and similar places of convenience to the traveling public if the Insurance Commissioner finds that:
(1) The policy to be so sold provides reasonable coverage and benefits, is reasonably suited for sale and issuance through vending machines, and that use of such a machine therefor in a particular proposed location would be of material convenience to the public;
(2) The type of vending machine proposed to be used is reasonably suitable and practical for the purpose;
(3) Reasonable means are provided for informing the prospective purchaser of the policy of the coverage and restrictions of the policy; and
(4) Reasonable means are provided for refund to the applicant or prospective applicant of money inserted in defective machines and for which no insurance or a less amount than that paid for is actually received.
(b)(1) As to each machine to be so used, the commissioner shall issue to the agent a special vending machine license.
(2) The license shall specify the name and address of the insurer and agent, the name of the policy to be sold, the serial number of the machine, and the place where the machine is to be in operation.
(3) The license shall be subject to annual continuation, expiration, suspension, or revocation coincidentally with that of the agent.
(4) The commissioner shall also revoke the license as to any machine for which he or she finds that the conditions upon which the machine was licensed, as referred to in subsection (a) of this section, no longer exist.
(5) The licens
Source: Arkansas Code — historical release 78 (November 6, 2020) · 23-64-221
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. The source passage cites 23-64-221. This identifies an authority to review, not proof of applicability.