Browse Arkansas Code titles and sections
23-88-302. Definitions.
Arkansas Code — all titles (historical 2020) · legal_authorities
23-88-302. Definitions.
As used in this subchapter:
(1) “Association” means the Arkansas Rural Risk Underwriting Association established pursuant to the provisions of this subchapter;
(2) “Commissioner” means the Insurance Commissioner;
(3) “Insurer” means any person who:
(A) Writes any kind of insurance to which this subchapter applies under § 23-88-303, including the exchange of reciprocal or interinsurance contracts; and
(B) Is licensed to transact insurance in this state;
(4)(A) “Net direct written premiums” means the gross amount of premiums received from policies of insurance issued in this state to which this subchapter applies, less return premiums and dividends paid or credited to policyholders.
(B) “Net direct written premiums” does not include premiums for indemnity reinsurance accepted from other licensed insurers, and there shall be no deduction for premiums for indemnity reinsurance ceded to other insurers; and
(5) “Person” means any individual, corporation, partnership, association, or voluntary organization.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 23-88-302
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.
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:23-88-302
Source file: gov.ar.code.title.23.odt
Pages: Not recorded – Not recorded
Passage SHA-256: f26563ca688ad302e0812c717e952467d075cece459bff0a28c9c2d1fbefafe3
Source location: content.xml paragraph 53298
Stored source content
23-88-302. Definitions.
As used in this subchapter:
(1) “Association” means the Arkansas Rural Risk Underwriting Association established pursuant to the provisions of this subchapter;
(2) “Commissioner” means the Insurance Commissioner;
(3) “Insurer” means any person who:
(A) Writes any kind of insurance to which this subchapter applies under § 23-88-303, including the exchange of reciprocal or interinsurance contracts; and
(B) Is licensed to transact insurance in this state;
(4)(A) “Net direct written premiums” means the gross amount of premiums received from policies of insurance issued in this state to which this subchapter applies, less return premiums and dividends paid or credited to policyholders.
(B) “Net direct written premiums” does not include premiums for indemnity reinsurance accepted from other licensed insurers, and there shall be no deduction for premiums for indemnity reinsurance ceded to other insurers; and
(5) “Person” means any individual, corporation, partnership, association, or voluntary organization.
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
23-88-303. Arkansas Rural Risk Underwriting Association — Plan of property insurance.
(a)(1) All insurers licensed to transact property insurance, as defined in § 23-62-104, shall become members of the Arkansas Rural Risk Underwriting Association.
(2) For the purposes of this section, farmers' mutual aid associations or companies are insurers and are subject to the assessments and other requirements imposed on insurers under this section.
(b) This association or company shall provide a plan of property insurance to insurable rural risk applicants. Rural risk applicants are those applicants seeking insurance on risks located in geographic areas to be determined “rural areas” by the governing board, subject to the approval of the Insurance Commissioner.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 23-88-303
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 23-88-303. This identifies an authority to review, not proof of applicability.