Ark. Code Ann. § 23-70-121
Distribution of savings
Year: 2026Length: 132 wordsSubsections: 2
(a) A reciprocal insurer may return to its subscribers from time to time any unused premiums, savings, or credits accruing to their accounts. (b) Any distribution shall not unfairly discriminate between classes of risks, or policies, or between subscribers, but the distribution may vary as to classes of subscribers based upon the experience of those subscribers. Acts 1959, No. 148, § 536; A.S.A. 1947, § 66-4327.
(a) A reciprocal insurer may return to its subscribers from time to time any unused premiums, savings, or credits accruing to their accounts.
(b) Any distribution shall not unfairly discriminate between classes of risks, or policies, or between subscribers, but the distribution may vary as to classes of subscribers based upon the experience of those subscribers.
Acts 1959, No. 148, § 536; A.S.A. 1947, § 66-4327.