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23-66-603. Definitions.
Arkansas Code — all titles (historical 2020) · legal_authorities
23-66-603. Definitions.
For the purpose of this subchapter:
(1) “Affiliate” means any company that controls, is controlled by, or is under common control with another company;
(2) “Customer” means a person who obtains, applies for, or is solicited to obtain insurance products primarily for personal, family, and household purposes;
(3) “Depository institution” means a bank or savings association and does not include an insurance company;
(4) “Insurance” means all policies or products defined or regulated as insurance pursuant to § 23-60-101 et seq. except:
(A) Credit life, credit accident and health, credit property, credit casualty, credit involuntary unemployment, mortgagor's decreasing term life, and mortgagor's accident and health and sickness insurance;
(B) Insurance placed by a financial institution in connection with collateral pledged as security for a loan when the debtor breaches the contractual obligation to provide that insurance; and
(C) Private mortgage insurance;
(5) “Insurance information” means information concerning the premiums, terms, and conditions of insurance coverage, including expiration dates and rates, and insurance claims of a customer contained in the records of a depository institution or an affiliate of a depository institution; and
(6) “Person” means any natural or artificial entity, including, but not limited to, individuals, partnerships, associations, trusts, or corporations.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 23-66-603
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:23-66-603
Source file: gov.ar.code.title.23.odt
Pages: Not recorded – Not recorded
Passage SHA-256: b1cbda6dde81b4696e84f1e69c3cc1378cbdb436669aae4957c4f64bf46c6dea
Source location: content.xml paragraph 38532
Stored source content
23-66-603. Definitions.
For the purpose of this subchapter:
(1) “Affiliate” means any company that controls, is controlled by, or is under common control with another company;
(2) “Customer” means a person who obtains, applies for, or is solicited to obtain insurance products primarily for personal, family, and household purposes;
(3) “Depository institution” means a bank or savings association and does not include an insurance company;
(4) “Insurance” means all policies or products defined or regulated as insurance pursuant to § 23-60-101 et seq. except:
(A) Credit life, credit accident and health, credit property, credit casualty, credit involuntary unemployment, mortgagor's decreasing term life, and mortgagor's accident and health and sickness insurance;
(B) Insurance placed by a financial institution in connection with collateral pledged as security for a loan when the debtor breaches the contractual obligation to provide that insurance; and
(C) Private mortgage insurance;
(5) “Insurance information” means information concerning the premiums, terms, and conditions of insurance coverage, including expiration dates and rates, and insurance claims of a customer contained in the records of a depository institution or an affiliate of a depository institution; and
(6) “Person” means any natural or artificial entity, including, but not limited to, individuals, partnerships, associations, trusts, or corporations.
Cross-references
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Arkansas Code — all titles (historical 2020) · legal_authorities
23-60-101. Title.
This code constitutes the Arkansas Insurance Code.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 23-60-101
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 23-60-101. This identifies an authority to review, not proof of applicability.