23-64-103. Exceptions to definitions.

Arkansas Code — all titles (historical 2020) · legal_authorities

23-64-103. Exceptions to definitions. The definitions contained in § 23-64-102 shall not be deemed to include the attorney-in-fact of a reciprocal insurer.

Source: Arkansas Code — historical release 78 (November 6, 2020) · 23-64-103

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

23-64-102. Definitions.

23-64-102. Definitions. As used in this chapter, unless the context otherwise requires: (1)(A) An “agent” is an individual, firm, limited liability company, or corporation who is required by the Producer Licensing Model Act, § 23-64-501 et seq., to be licensed as an insurance producer by the Insurance Commissioner. (B) An agent shall be deemed to be the agent of the appointing insurer; (2)(A)(i) A “resident agent” is an agent whose residence is in or who may vote in this state or who is licensed as a resident insurance producer by the commissioner in accordance with the Producer Licensing Model Act, § 23-64-501 et seq. (ii) Every reference herein to “an agent, a resident of this state” and to “a licensed agent, a resident of this state” shall include any duly licensed resident agent as defined in this section. (B) By reciprocal arrangements with another state under which residents of Arkansas may be licensed and operate as resident agents of the other state, the commissioner may license, as resident agents of Arkansas, residents of the other state who: (i) In cities or towns through which passes the Arkansas boundary, or border communities or border trade areas, maintain their principal place of business in that city, town, community, or trade area; and (ii) Are otherwise qualified for the license. (C) The terms “border communities” or “border trade areas” shall mean communities and trade areas situated within five (5) miles of the Arkansas boundary. (D) Firms and corporations of which all the members and persons exercising the license power qualify individually as to residence under the definition in this subdivision (2) may be licensed as resident agents; (3) A “broker” is an individual, firm, limited liability company, or corporation who is requi

Source: Arkansas Code — historical release 78 (November 6, 2020) · 23-64-102

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 23-64-102. This identifies an authority to review, not proof of applicability.