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23-63-1618. Availability of funds.
Arkansas Code — all titles (historical 2020) · legal_authorities
23-63-1618. Availability of funds.
In the case of a producer reinsurance captive insurance company or a sponsored captive insurance company:
(1) The assets of the protected cell may not be used to pay any expenses or claims other than those attributable to the protected cell; and
(2) Its capital and surplus must be available to pay any expenses of or claims against the captive insurance company at all times.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 23-63-1618
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:23-63-1618
Source file: gov.ar.code.title.23.odt
Pages: Not recorded – Not recorded
Passage SHA-256: e1cc1bfdb3f755eb3fdda07b71eac31d8c1f926537b190d9c8a5c4000cd0767b
Source location: content.xml paragraph 34195
Stored source content
23-63-1618. Availability of funds.
In the case of a producer reinsurance captive insurance company or a sponsored captive insurance company:
(1) The assets of the protected cell may not be used to pay any expenses or claims other than those attributable to the protected cell; and
(2) Its capital and surplus must be available to pay any expenses of or claims against the captive insurance company at all times.
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