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23-79-121. Delivery of policy.
Arkansas Code — all titles (historical 2020) · legal_authorities
23-79-121. Delivery of policy.
(a)(1) Subject to the insurer's requirements as to payment of premium, every policy shall be mailed or delivered to the insured or to the person entitled to receive it, within a reasonable period of time after its issuance, except when a condition required by the insurer has not been met.
(2)(A) The insurer may mail or deliver an electronic copy of the policy to the insured or to the person entitled to receive it.
(B) The insurer shall retain the electronic transmittal and an electronic or imaged copy of the policy as a part of the insurer's records.
(b)(1) In the event the original policy is delivered or is required to be delivered to or for deposit with any vendor, mortgagee, or pledgee of any property or motor vehicle and in which policy any interest of the vendee, mortgagor, or pledgor in or with reference to the property or vehicle is insured, then a duplicate of the policy, or a certificate of insurance setting forth the name and address of the insurer, insurance classification in the case of a vehicle, type of coverage, limits of liability, premiums for the respective coverages, and duration of the policy, or memorandum thereof containing the same information, shall be delivered by the agent through whom the insurance was procured to each vendee, mortgagor, or pledgor named in the policy.
(2) No insurer shall have any responsibility or liability with respect to compliance or noncompliance with any requirement of this subsection.
(3) This subsection does not apply to insurance of aircraft.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 23-79-121
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:23-79-121
Source file: gov.ar.code.title.23.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 59792b185d9733c25a8d0819e120654cce4822d1ba838c9e75f91b0b1924e504
Source location: content.xml paragraph 45277
Stored source content
23-79-121. Delivery of policy.
(a)(1) Subject to the insurer's requirements as to payment of premium, every policy shall be mailed or delivered to the insured or to the person entitled to receive it, within a reasonable period of time after its issuance, except when a condition required by the insurer has not been met.
(2)(A) The insurer may mail or deliver an electronic copy of the policy to the insured or to the person entitled to receive it.
(B) The insurer shall retain the electronic transmittal and an electronic or imaged copy of the policy as a part of the insurer's records.
(b)(1) In the event the original policy is delivered or is required to be delivered to or for deposit with any vendor, mortgagee, or pledgee of any property or motor vehicle and in which policy any interest of the vendee, mortgagor, or pledgor in or with reference to the property or vehicle is insured, then a duplicate of the policy, or a certificate of insurance setting forth the name and address of the insurer, insurance classification in the case of a vehicle, type of coverage, limits of liability, premiums for the respective coverages, and duration of the policy, or memorandum thereof containing the same information, shall be delivered by the agent through whom the insurance was procured to each vendee, mortgagor, or pledgor named in the policy.
(2) No insurer shall have any responsibility or liability with respect to compliance or noncompliance with any requirement of this subsection.
(3) This subsection does not apply to insurance of aircraft.
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