23-63-1509. Supplemental provisions — Rules — Exemption.

Arkansas Code — all titles (historical 2020) · legal_authorities

23-63-1509. Supplemental provisions — Rules — Exemption.

23-63-1509. Supplemental provisions — Rules — Exemption. (a) The provisions of this subchapter are supplemental to the other provisions of the laws of this state and shall not preclude or limit any other powers or duties of the Insurance Commissioner under those laws. (b) The commissioner may adopt reasonable rules necessary for the implementation of this subchapter. (c) The commissioner may exempt from the application of this subchapter: (1) A domestic health organization that: (A) Writes direct business only in this state; (B) Assumes no reinsurance in excess of five percent (5%) of direct premium written; and (C) Writes direct annual premiums for comprehensive medical business of two million dollars ($2,000,000) or less; or (2) A domestic health organization that is a limited benefit health maintenance organization.

Source: Arkansas Code — historical release 78 (November 6, 2020) · 23-63-1509

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.