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23-63-524. Revocation, suspension, or nonrenewal of insurer's license.

Arkansas Code — all titles (historical 2020) · legal_authorities

23-63-524. Revocation, suspension, or nonrenewal of insurer's license.

23-63-524. Revocation, suspension, or nonrenewal of insurer's license. (a) Whenever it appears to the Insurance Commissioner that any person has committed a violation of this subchapter which makes the continued operation of an insurer contrary to the interests of policyholders or the public, the commissioner may, after giving notice and an opportunity to be heard, determine to suspend, revoke, or refuse to renew the insurer's license or authority to do business in this state for such period as the commissioner finds is required for the protection of policyholders or the public. (b) Any determination shall be accompanied by specific findings of fact and conclusions of law.

Source: Arkansas Code — historical release 78 (November 6, 2020) · 23-63-524

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:23-63-524
Source file: gov.ar.code.title.23.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 5317b50c554324b1a476e4fb7ee520376d7ff8341be563030e89827e2cee3e5e

Source location: content.xml paragraph 31949

Stored source content

23-63-524. Revocation, suspension, or nonrenewal of insurer's license. (a) Whenever it appears to the Insurance Commissioner that any person has committed a violation of this subchapter which makes the continued operation of an insurer contrary to the interests of policyholders or the public, the commissioner may, after giving notice and an opportunity to be heard, determine to suspend, revoke, or refuse to renew the insurer's license or authority to do business in this state for such period as the commissioner finds is required for the protection of policyholders or the public. (b) Any determination shall be accompanied by specific findings of fact and conclusions of law.

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