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23-63-907. Rights of insurer during solvency.
Arkansas Code — all titles (historical 2020) · legal_authorities
23-63-907. Rights of insurer during solvency.
So long as the insurer remains solvent and is in compliance with the Arkansas Insurance Code, it may:
(1) Demand, receive, sue for, and recover the income from the securities or assets deposited;
(2) Exchange and substitute for the deposited securities or assets, or any part thereof, other eligible securities and assets of equivalent or greater value; and
(3) At any reasonable time inspect the deposit.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 23-63-907
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:23-63-907
Source file: gov.ar.code.title.23.odt
Pages: Not recorded – Not recorded
Passage SHA-256: dc5a533293eee1c4c879af703e3828f05911f87814e76b6d9cf60eb7f1832c80
Source location: content.xml paragraph 32927
Stored source content
23-63-907. Rights of insurer during solvency.
So long as the insurer remains solvent and is in compliance with the Arkansas Insurance Code, it may:
(1) Demand, receive, sue for, and recover the income from the securities or assets deposited;
(2) Exchange and substitute for the deposited securities or assets, or any part thereof, other eligible securities and assets of equivalent or greater value; and
(3) At any reasonable time inspect the deposit.
Cross-references
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