An insurer which otherwise qualifies therefor may be authorized to transact any one (1) kind or combination of kinds of insurance, as defined in §§ 23-62-101 — 23-62-108, except:
(1) A life insurer shall be authorized to transact in addition only accident and health insurance. However, the Insurance Commissioner shall continue to so authorize any life insurer otherwise qualified that, immediately prior to January 1, 1960, was lawfully authorized to transact in this state kinds of insurance in addition to life and accident and health;
(2) A reciprocal insurer shall not transact life insurance; and
(3) A title insurer shall be a stock insurer.
Structure Arkansas Code
Title 23 - Public Utilities and Regulated Industries
Chapter 63 - Insurance Companies Generally
Subchapter 2 - Authority To Do Business
§ 23-63-201. Certificate of authority required — Exceptions
§ 23-63-202. Certificate of authority — Eligibility generally
§ 23-63-203. Certificate of authority — Eligibility — Name of insurer
§ 23-63-204. Certificate of authority — Eligibility — Combinations of kinds of insurance
§ 23-63-205. Certificate of authority — Eligibility — Capital funds
§ 23-63-206. Certificate of authority — Deposit of securities required
§ 23-63-207. Certificate of authority — Eligibility — Special surplus
§ 23-63-208. Certificate of authority — Eligibility — Lloyd's plan insurers
§ 23-63-209. Certificate of authority — Application
§ 23-63-210. Certificate of authority — Issuance
§ 23-63-211. Certificate of authority — Continuance, expiration, amendment, or surrender
§ 23-63-212. Certificate of authority — Mandatory suspension or revocation
§ 23-63-213. Certificate of authority — Suspension or revocation for certain violations
§ 23-63-214. Certificate of authority — Notice of suspension or revocation
§ 23-63-215. Certificate of authority — Period of suspension — Reinstatement