A multistate agreement or compact entered into by the Insurance Commissioner shall be:
(1) Considered by the Senate Committee on Insurance and Commerce and the House Committee on Insurance and Commerce; and
(2) Reviewed and approved by the Legislative Council.
Structure Arkansas Code
Title 23 - Public Utilities and Regulated Industries
Chapter 65 - Unauthorized Insurers and Surplus Lines
Subchapter 4 - Multistate Agreements or Compacts
§ 23-65-401. Agreement authorized — Requirements
§ 23-65-402. Applicability of multistate agreement or compact
§ 23-65-403. Committees' approval of agreements or compacts required