23 CAR § 111-108. Permit requirements

(a) Prior to entering into any prepaid funeral benefits contract, a seller shall obtain a permit from the State Insurance Department, as provided in Arkansas Code §§ 23-40-109 – 23-40-111. (b) To obtain an initial permit to enter into a prepaid funeral benefits contract, the seller shall provide: (1) The names, addresses, and telephone numbers of the seller's officers, directors, managers, or any other individuals holding a ten percent (10%) ownership interest in the seller; (2) Proof of the seller's license to do business in the State of Arkansas; (3) Proof that the seller will use the limits identified as appendices to this part; and (4) Sign a written agreement to abide by all: (A) Provisions of this part; and (B) Applicable Arkansas and federal statutes, including but not limited to those in Arkansas Code §§ 23-40-101 – 23-40-125.