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23-72-116. Pro rata plan insurer — Reclassification and rearrangement of members.
Arkansas Code — all titles (historical 2020) · legal_authorities
23-72-116. Pro rata plan insurer — Reclassification and rearrangement of members.
A pro rata assessment plan insurer has power at any time to reclassify, transfer, or rearrange its members, to merge or unite circles or groups; and to unite into one (1) group or circle two (2) or more groups or circles, the membership of which has decreased below the maximum. The insurer shall not start a new group or circle so long as any other group or circle is not up to maximum. All groups and circles shall be kept up to the maximum.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 23-72-116
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:23-72-116
Source file: gov.ar.code.title.23.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 95e637c6c377ab232d500c48d6329dfec39801b45a472f7c3135bf4a13090b99
Source location: content.xml paragraph 42159
Stored source content
23-72-116. Pro rata plan insurer — Reclassification and rearrangement of members.
A pro rata assessment plan insurer has power at any time to reclassify, transfer, or rearrange its members, to merge or unite circles or groups; and to unite into one (1) group or circle two (2) or more groups or circles, the membership of which has decreased below the maximum. The insurer shall not start a new group or circle so long as any other group or circle is not up to maximum. All groups and circles shall be kept up to the maximum.
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