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23-80-302. Purpose.

Arkansas Code — all titles (historical 2020) · legal_authorities

23-80-302. Purpose.

23-80-302. Purpose. (a) The purpose of this subchapter is to establish minimum language and format standards to make property and casualty insurance policies easier to read. (b) This subchapter is not intended to increase the risk assumed under policies subject to it. Nor is it intended to impede flexibility and innovation in the development of policy forms or content. It does not grant authority to the Insurance Commissioner to mandate the standardization of policy forms or content.

Source: Arkansas Code — historical release 78 (November 6, 2020) · 23-80-302

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:23-80-302
Source file: gov.ar.code.title.23.odt
Pages: Not recorded – Not recorded
Passage SHA-256: da3af8ebd9c455b24832a6f937400939ae29de6a091c55888352e7eac842472f

Source location: content.xml paragraph 48372

Stored source content

23-80-302. Purpose. (a) The purpose of this subchapter is to establish minimum language and format standards to make property and casualty insurance policies easier to read. (b) This subchapter is not intended to increase the risk assumed under policies subject to it. Nor is it intended to impede flexibility and innovation in the development of policy forms or content. It does not grant authority to the Insurance Commissioner to mandate the standardization of policy forms or content.

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