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23-73-110. Legal existence.
Arkansas Code — all titles (historical 2020) · legal_authorities
23-73-110. Legal existence.
(a) The legal existence of the association begins from the date of the Insurance Commissioner's certificate authorizing it to begin business.
(b) Thereupon the board of directors named in its articles may:
(1) Adopt bylaws which shall be filed with the commissioner within thirty (30) days after adoption;
(2) Accept applications for insurance; and
(3) Transact business of the association, except that it shall not insure any property or issue any policies until it has received a certificate of authority to transact insurance as provided for in this chapter.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 23-73-110
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:23-73-110
Source file: gov.ar.code.title.23.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 66447280238e0db188dcd38c3ecafe431aa45c0f9ff725c0b5bf2e8709979a34
Source location: content.xml paragraph 42354
Stored source content
23-73-110. Legal existence.
(a) The legal existence of the association begins from the date of the Insurance Commissioner's certificate authorizing it to begin business.
(b) Thereupon the board of directors named in its articles may:
(1) Adopt bylaws which shall be filed with the commissioner within thirty (30) days after adoption;
(2) Accept applications for insurance; and
(3) Transact business of the association, except that it shall not insure any property or issue any policies until it has received a certificate of authority to transact insurance as provided for in this chapter.
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