(a) All statements, amendments, or other materials filed pursuant to § 23-63-506 or § 23-63-508 and all notices of public hearings held pursuant to § 23-63-510 shall be mailed by the insurer to its shareholders within five (5) business days after the insurer has received the statements, amendments, other material, or notices.
(b) The expenses of mailing shall be borne by the person making the filing.
(c) As security for the payment of the expenses, the person shall file with the Insurance Commissioner an acceptable bond or other deposit in an amount to be determined by the commissioner.
Structure Arkansas Code
Title 23 - Public Utilities and Regulated Industries
Chapter 63 - Insurance Companies Generally
Subchapter 5 - Insurance Holding Company Regulatory Act
§ 23-63-502. Legislative findings
§ 23-63-505. Subsidiaries of insurer
§ 23-63-506. Control of or merger with domestic insurer — Filing requirements — Definition
§ 23-63-507. Control of or merger with domestic insurer — Exceptions
§ 23-63-508. Control of or merger with domestic insurer — Content of statement
§ 23-63-509. Control of or merger with domestic insurer — Alternative filing materials
§ 23-63-510. Control of or merger with domestic insurer — Approval by commissioner — Hearing
§ 23-63-511. Control of or merger with domestic insurer — Mailings
§ 23-63-513. Control of or merger with domestic insurer — Violations
§ 23-63-514. Registration of insurers
§ 23-63-515. Standards — Definition
§ 23-63-517. Confidential treatment
§ 23-63-519. Judicial review — Mandamus
§ 23-63-520. Voting of securities
§ 23-63-522. Criminal and civil proceedings
§ 23-63-524. Revocation, suspension, or nonrenewal of insurer's license
§ 23-63-525. Acquisitions involving insurers not otherwise covered — Definitions
§ 23-63-526. Acquisitions involving insurers not otherwise covered — Scope
§ 23-63-528. Acquisitions involving insurers not otherwise covered — Competitive standard
§ 23-63-529. Acquisitions involving insurers not otherwise covered — Orders and penalties
§ 23-63-530. Acquisitions involving insurers not otherwise covered — Inapplicable provisions
§ 23-63-531. Supervisory colleges
§ 23-63-532. Group-wide supervision of internationally active insurance groups