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23-73-116. Fees.
Arkansas Code — all titles (historical 2020) · legal_authorities
23-73-116. Fees.
Farmers' mutual aid companies or associations shall pay no annual fees or other charges except as required under the State Insurance Department Trust Fund Act, § 23-61-701 et seq., and under §§ 23-73-113 and 23-73-114.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 23-73-116
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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Stable record: arkansas_code:legal_authorities:23-73-116
Source file: gov.ar.code.title.23.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 43ee383b70ca78c65c27f1a8f72334d2371749e8aa60cf535303c28a8afcdc8f
Source location: content.xml paragraph 42449
Stored source content
23-73-116. Fees.
Farmers' mutual aid companies or associations shall pay no annual fees or other charges except as required under the State Insurance Department Trust Fund Act, § 23-61-701 et seq., and under §§ 23-73-113 and 23-73-114.
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Arkansas Code — all titles (historical 2020) · legal_authorities
23-61-701. Title.
This subchapter shall be known as the “State Insurance Department Trust Fund Act”.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 23-61-701
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 23-61-701. This identifies an authority to review, not proof of applicability.
Arkansas Code — all titles (historical 2020) · legal_authorities
23-73-113. Continuance of certificate of authority.
(a) For continuance of an original certificate of authority, a farmers' mutual aid company or association shall file with the Insurance Commissioner:
(1) A concise statement of its financial condition, management, and affairs on a form satisfactory to the commissioner;
(2) Other documents or stipulations as the commissioner may reasonably require to evidence compliance with the provisions of this chapter; and
(3) Pay any fees required by the Arkansas Insurance Code to be paid for filing the accompanying documents and for the certificate of authority if granted.
(b)(1) After September 1, 2005, the commissioner shall prepare and send to each qualified farmers' mutual aid association or company a substitute Arkansas certificate of authority evidencing full licensure from the original date when the association or company was issued a certificate of authority.
(2)(A) A certificate issued under subdivision (b)(1) of this section shall:
(i) Be and remain the property of the State of Arkansas;
(ii) Render any previous certificate of authority null and void as of the effective date of the new certificate;
(iii) Remain in force and effect until it expires or is suspended, revoked, or surrendered; and
(iv) Be continuous, subject to compliance with annual fee and reporting requirements.
(B) The association or company shall promptly deliver the certificate to the commissioner upon the certificate's expiration, suspension, revocation, or surrender.
(C)(i) If for any reason the association or company is not entitled to a continuation of the certificate of authority, the commissioner:
(a) May refuse to continue the certificate; and
(b) Shall give either written or electronic notice of the refusal to continu
Source: Arkansas Code — historical release 78 (November 6, 2020) · 23-73-113
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 23-73-113. This identifies an authority to review, not proof of applicability.
Arkansas Code — all titles (historical 2020) · legal_authorities
23-73-114. Application — Sections 23-61-201 et seq. and 23-61-301 et seq. applicable.
Section 23-61-201 et seq. and § 23-61-301 et seq. shall be applicable to farmers' mutual aid companies and associations.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 23-73-114
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 23-73-114. This identifies an authority to review, not proof of applicability.