23-63-2009. Severability clause.

Arkansas Code — all titles (historical 2020) · legal_authorities

23-63-2009. Severability clause. (a) Except for § 23-63-2007 or the application of § 23-63-2007 to any person or circumstance, if any provision of this subchapter is held invalid, the determination shall not affect the provisions of this subchapter that can be given effect without the invalid provision or application. (b) With the exception of § 23-63-2007, this subchapter is severable.

Source: Arkansas Code — historical release 78 (November 6, 2020) · 23-63-2009

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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Arkansas Code — all titles (historical 2020) · legal_authorities

23-63-2007. Third-party consultants.

23-63-2007. Third-party consultants. (a) The Insurance Commissioner may retain, at the insurer's expense, third-party consultants, including attorneys, actuaries, accountants, and other experts not otherwise a part of the commissioner's staff, as may be reasonably necessary to assist the commissioner in reviewing the corporate governance annual disclosure and related information or the insurer's compliance with this subchapter. (b) A person retained under subsection (a) of this section shall be under the direction and control of the commissioner and shall act in a purely advisory capacity. (c) The National Association of Insurance Commissioners and third-party consultants shall be subject to the same confidentiality standards and requirements as the commissioner. (d) As part of the retention process, a third-party consultant shall verify to the commissioner, with notice to the insurer, that it: (1) Is free of a conflict of interest; (2) Has internal procedures in place to monitor compliance with a conflict of interest; and (3) Shall comply with the confidentiality standards and requirements of this subchapter. (e) A written agreement with the National Association of Insurance Commissioners or a third-party consultant governing sharing and use of information provided under this subchapter shall contain the following provisions and require the written consent of the insurer before making public any information provided under this subchapter: (1) Specific procedures and protocols for maintaining the confidentiality and security of corporate governance annual disclosure-related information shared with the National Association of Insurance Commissioners or the third-party consultant under this subchapter; (2)(A) Procedures and protocols for sharing by the

Source: Arkansas Code — historical release 78 (November 6, 2020) · 23-63-2007

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 23-63-2007. This identifies an authority to review, not proof of applicability.