Browse Arkansas Code titles and sections
23-63-837. Property and facilities for fossil or synthetic fuel production.
Arkansas Code — all titles (historical 2020) · legal_authorities
23-63-837. Property and facilities for fossil or synthetic fuel production.
(a) An insurer may invest in property and facilities, and any interests and rights in properties and facilities, for the development and production of fossil or synthetic fuel or other minerals, including, but not limited to, investments relating to:
(1) The exploration for and development and production of those fuels and minerals; and
(2) Ownership and control of the property, facilities, interests, and rights.
(b) Investment in property and facilities, and any interests and rights in the properties and facilities for the development and production of fossil or synthetic fuel or other minerals under this section shall not exceed two percent (2%) of the insurer's assets.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 23-63-837
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:23-63-837
Source file: gov.ar.code.title.23.odt
Pages: Not recorded – Not recorded
Passage SHA-256: a9650075c14a1a8e20ae31c710e2c22dbf36ba9bf93965644ba2b65cb1c7bf6f
Source location: content.xml paragraph 32720
Stored source content
23-63-837. Property and facilities for fossil or synthetic fuel production.
(a) An insurer may invest in property and facilities, and any interests and rights in properties and facilities, for the development and production of fossil or synthetic fuel or other minerals, including, but not limited to, investments relating to:
(1) The exploration for and development and production of those fuels and minerals; and
(2) Ownership and control of the property, facilities, interests, and rights.
(b) Investment in property and facilities, and any interests and rights in the properties and facilities for the development and production of fossil or synthetic fuel or other minerals under this section shall not exceed two percent (2%) of the insurer's assets.
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