Ark. Code Ann. § 23-63-1618
Availability of funds
Year: 2026Length: 142 words
In the case of a producer reinsurance captive insurance company or a sponsored captive insurance company: (1) The assets of the protected cell may not be used to pay any expenses or claims other than those attributable to the protected cell; and (2) Its capital and surplus must be available to pay any expenses of or claims against the captive insurance company at all times. Acts 2001, No. 1391, § 18.
In the case of a producer reinsurance captive insurance company or a sponsored captive insurance company:
(1) The assets of the protected cell may not be used to pay any expenses or claims other than those attributable to the protected cell; and
(2) Its capital and surplus must be available to pay any expenses of or claims against the captive insurance company at all times.
Acts 2001, No. 1391, § 18.