Ark. Code Ann. § 23-63-907

Rights of insurer during solvency

Year: 2026Length: 152 words
So long as the insurer remains solvent and is in compliance with the Arkansas Insurance Code, it may: (1) Demand, receive, sue for, and recover the income from the securities or assets deposited; (2) Exchange and substitute for the deposited securities or assets, or any part thereof, other eligible securities and assets of equivalent or greater value; and (3) At any reasonable time inspect the deposit. Acts 1959, No. 148, § 138; A.S.A. 1947, § 66-2707. So long as the insurer remains solvent and is in compliance with the Arkansas Insurance Code, it may: (1) Demand, receive, sue for, and recover the income from the securities or assets deposited; (2) Exchange and substitute for the deposited securities or assets, or any part thereof, other eligible securities and assets of equivalent or greater value; and (3) At any reasonable time inspect the deposit. Acts 1959, No. 148, § 138; A.S.A. 1947, § 66-2707.
Ark. Code Ann. § 23-63-907: Rights of insurer during solvency | Justis AI