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23-83-126. Assignment of rights not to prejudice insurer.
Arkansas Code — all titles (historical 2020) · legal_authorities
23-83-126. Assignment of rights not to prejudice insurer.
Subject to the terms of the group policy relating to assignment of rights or incidents of ownership thereunder, an assignment by the insured, whether made before or after June 17, 1981, shall vest in the assignee all of such rights or incidents of ownership so assigned in accordance with any provisions of the assignment as to the effective date thereof, but the assignment shall be without prejudice to the insurer on account of any payment it may make or individual policy it may issue prior to receipt of notice of the assignment.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 23-83-126
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:23-83-126
Source file: gov.ar.code.title.23.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 26f8935dc1b2ac4745dbf04a9c1cafb03a2800d44411f59c5a3a68fc3dd8a601
Source location: content.xml paragraph 50644
Stored source content
23-83-126. Assignment of rights not to prejudice insurer.
Subject to the terms of the group policy relating to assignment of rights or incidents of ownership thereunder, an assignment by the insured, whether made before or after June 17, 1981, shall vest in the assignee all of such rights or incidents of ownership so assigned in accordance with any provisions of the assignment as to the effective date thereof, but the assignment shall be without prejudice to the insurer on account of any payment it may make or individual policy it may issue prior to receipt of notice of the assignment.
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