Browse Arkansas Code titles and sections
23-77-107. Certificate of authority — Suspension and revocation.
Arkansas Code — all titles (historical 2020) · legal_authorities
23-77-107. Certificate of authority — Suspension and revocation.
(a) The Insurance Commissioner shall suspend or revoke the certificate of authority of an automobile club or association:
(1) If the action is required by any provision of this section or § 23-77-101, § 23-77-106, or § 23-77-108;
(2) If the automobile club or association no longer meets the requirements for the authority originally granted due to a deficiency in the deposit required by § 23-77-106(d)(1)(A) or the failure to maintain a deposit of securities or other assets acceptable to the commissioner in the amount prescribed by § 23-77-106(d)(1)(A); or
(3) If the automobile club or association is using such methods or practices in the conduct of its business as to render its further operation in Arkansas hazardous or injurious to the public.
(b) The commissioner shall give the automobile club or association at least ten (10) days' written notice in advance of any suspension or revocation under this section.
(c) The automobile club or association may request a hearing thereon within the ten (10) days.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 23-77-107
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.
Issuing source page ↗
Authority boundary: historical statutory source snapshot not current law.
Open the recorded source website ↗
Record provenance
Stable record: arkansas_code:legal_authorities:23-77-107
Source file: gov.ar.code.title.23.odt
Pages: Not recorded – Not recorded
Passage SHA-256: d090b3368880f9821b41384d83ca268981fcb331ee1d00a90a71ac7bb66fe701
Source location: content.xml paragraph 44170
Stored source content
23-77-107. Certificate of authority — Suspension and revocation.
(a) The Insurance Commissioner shall suspend or revoke the certificate of authority of an automobile club or association:
(1) If the action is required by any provision of this section or § 23-77-101, § 23-77-106, or § 23-77-108;
(2) If the automobile club or association no longer meets the requirements for the authority originally granted due to a deficiency in the deposit required by § 23-77-106(d)(1)(A) or the failure to maintain a deposit of securities or other assets acceptable to the commissioner in the amount prescribed by § 23-77-106(d)(1)(A); or
(3) If the automobile club or association is using such methods or practices in the conduct of its business as to render its further operation in Arkansas hazardous or injurious to the public.
(b) The commissioner shall give the automobile club or association at least ten (10) days' written notice in advance of any suspension or revocation under this section.
(c) The automobile club or association may request a hearing thereon within the ten (10) days.
Cross-references
Connections may be documented source relationships, shared citations or nearby passages. Each explains its basis; a connection alone does not establish applicability to your situation.
Arkansas Code — all titles (historical 2020) · legal_authorities
23-77-101. Definitions.
As used in this chapter:
(1) “Automobile club or association” means:
(A) Any person, firm, association, copartnership, corporation, company, or other organization, which undertakes for consideration paid by or on behalf of its members to defray all or a part of the expenses of the members with reference to motor club service as defined in this section or which issued a certificate which provides for the payment of the benefits to the members in services, cash, by furnishing bail, or otherwise; and
(B) Every person, firm, association, copartnership, corporation, or company which prior to March 24, 1955, has undertaken for a consideration to pay money or render services to its members, or which has issued any form of contract or certificate or membership card which, under the terms thereof, provides for the payment in money, service, or otherwise for motor club service;
(2) “Bail bond service” means any act by an automobile club or association, the purpose of which is to furnish to, or procure for, any person accused of violation of any law of this state a cash deposit, bond, or other undertaking required by law in order that the accused might enjoy his or her personal freedom pending trial, subject to, however, the provisions of §§ 27-50-611 and 27-50-612;
(3) “Buying and selling service” means any act by an automobile club or association whereby the member of any automobile club or association is aided in any way in the purchase or sale of an automobile;
(4) “Discount service” means any act by an automobile club or association resulting in the giving of special discounts, rebates, or reductions of price on gasoline, oil, repairs, parts, accessories, or service for motor vehicles to members of any automobile club or association;
(5)
Source: Arkansas Code — historical release 78 (November 6, 2020) · 23-77-101
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 23-77-101. This identifies an authority to review, not proof of applicability.
Arkansas Code — all titles (historical 2020) · legal_authorities
23-77-106. Certificate of authority required — Application and issuance.
(a) Every automobile club or association desiring to commence operations within the state shall file, prior to the commencement of operations, applications with and receive a certificate of authority from the Insurance Commissioner.
(b)(1) No foreign or alien automobile club or association shall be authorized to operate in Arkansas that has not furnished the commissioner with evidence that it has been organized and actively engaged in the automobile club or association business in the state of its incorporation for a period of three (3) years prior to the date of its application to be admitted and authorized to do business in the State of Arkansas.
(2) However, this subsection shall not apply to a foreign or alien automobile club or association that is:
(A) The wholly owned subsidiary of an automobile club or association or an insurance company admitted and authorized to do business in the State of Arkansas; or
(B) The continuing corporation resulting from a merger or consolidation of automobile clubs or associations or insurance companies, at least one (1) of which is in good standing in its state or country of domicile and has been organized and actively engaged in the automobile club or association business in the state or country of domicile for at least three (3) years prior to the date of the application of that corporation to be admitted and authorized to do business in the State of Arkansas.
(3) The commissioner may accept evidence of the applicant's good standing and operation for three (3) years under licensure in its state or country of domicile or under licensure in another state or port-of-entry state, so long as the laws of that jurisdiction regulating automobile clubs or
Source: Arkansas Code — historical release 78 (November 6, 2020) · 23-77-106
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 23-77-106. This identifies an authority to review, not proof of applicability.
Arkansas Code — all titles (historical 2020) · legal_authorities
23-77-108. Agent or representative license required — Application and issuance.
(a) Before any agent or representative shall or may represent any automobile club or association in this state, he or she shall first apply to the Insurance Commissioner for a license, and the commissioner shall have full power and authority to issue the license upon proof satisfactory to the commissioner that the person is capable of soliciting automobile club or association memberships and is of good moral character and recommended by the automobile club or association in behalf of which the membership solicitations are to be made.
(b) No license shall be issued by the commissioner until the applicant has paid to the commissioner ten dollars ($10.00) as an annual license fee.
(c) The commissioner may reject the application of any person who does not meet the requirements set out in this section.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 23-77-108
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 23-77-108. This identifies an authority to review, not proof of applicability.