23 CAR § 9-111. Acquisition of Arkansas Code § 23-63-506 insurers

(a) If the person being acquired is deemed to be a “domestic insurer” solely because of the provisions of Arkansas Code § 23-63-506, the name of the domestic insurer on the cover page should be indicated as follows: “ABC Insurance Company, a subsidiary of XYZ Holding Company”. (b) Where an Arkansas Code § 23-63-506 insurer is being acquired, references to “the insurer” contained in Form A shall refer to both: (1) The domestic subsidiary insurer; and (2) The person being acquired.