Arkansas Code
Subchapter 1 - General Provisions
§ 23-69-128. Transfer of stock

The provisions of chapter 8 of the Uniform Commercial Code, § 4-8-101 et seq., to the extent applicable, shall apply as to stock of a domestic stock insurer.

Structure Arkansas Code

Arkansas Code

Title 23 - Public Utilities and Regulated Industries

Subtitle 3 - Insurance

Chapter 69 - Domestic Stock and Mutual Insurers

Subchapter 1 - General Provisions

§ 23-69-101. Scope

§ 23-69-102. Definitions

§ 23-69-103. Inapplicability of general corporation statutes

§ 23-69-104. Powers of company not enlarged

§ 23-69-105. Incorporation

§ 23-69-106. Articles of incorporation — Filing and approval

§ 23-69-107. Articles of incorporation — Amendment

§ 23-69-108. Officers

§ 23-69-109. Pecuniary interest of officers, directors, employees, etc

§ 23-69-110. Vacancies on the board of directors

§ 23-69-111. Corporate powers and duties

§ 23-69-112. Initial qualifications — Domestic mutuals

§ 23-69-113. Formation of nonlife mutual insurer — Deposit required

§ 23-69-114. Formation of nonlife mutual insurer — Applications for insurance

§ 23-69-115. Trust deposit of premiums — Issuance of policies — Mutual insurers

§ 23-69-116. Failure to complete organization — Mutual insurers

§ 23-69-117. Additional kinds of insurance — Mutual insurers

§ 23-69-118. Membership — Mutual insurers

§ 23-69-119. Bylaws — Mutual insurers

§ 23-69-120. Meetings of stockholders or members

§ 23-69-121. Stockholders' voting rights

§ 23-69-122. Proxies — Stock insurers

§ 23-69-123. Buying of vote or proxy — Corrupt and dishonest practices prohibited

§ 23-69-124. Contingent liability of nonlife mutual members

§ 23-69-125. Contingent liability and assessability of policies — Mutual insurers

§ 23-69-126. Participating policies

§ 23-69-127. Consideration for stock

§ 23-69-128. Transfer of stock

§ 23-69-129. Dividends to stockholders

§ 23-69-130. Dividends to mutual policyholders

§ 23-69-131. Unauthorized dividends prohibited

§ 23-69-132. Borrowed surplus

§ 23-69-133. Stockholders' liability

§ 23-69-134. Maintenance of home office and records

§ 23-69-135. Evidence of disbursement required

§ 23-69-136. Situs of personal property for taxation

§ 23-69-137. Management and exclusive agency contracts

§ 23-69-138. Impairment of capital or assets

§ 23-69-139. Assessment of stockholders or members

§ 23-69-140. Mutualization of stock insurers

§ 23-69-141. Converting mutual insurer to stock insurer

§ 23-69-142. Mergers and consolidations and acquisition by exchange of stock

§ 23-69-143. Mergers and consolidations — Mutual insurers

§ 23-69-144. Agreement or adoption of plan for merger, consolidation, or plan of exchange of shares

§ 23-69-145. Effect of merger or consolidation

§ 23-69-146. Effect of exchange under plan of exchange

§ 23-69-147. Acquiring and acquired corporations under a plan of exchange to be separate

§ 23-69-148. Nonconsenting stockholders

§ 23-69-149. Assumption reinsurance — Stock insurers

§ 23-69-150. Assumption reinsurance — Mutual insurers

§ 23-69-151. Voluntary dissolution — Procedure

§ 23-69-152. Dissolution — Directors to act as trustees

§ 23-69-153. Dissolution — Continuation for suits and settling business

§ 23-69-154. Voluntary dissolution — Distribution of assets to stockholders

§ 23-69-155. Liquidation — Mutual member's share of assets

§ 23-69-156. Nonactive corporate charter — Nullification