A reciprocal insurer shall:
(1) Have and use a business name. The name shall include the word “reciprocal”, “interinsurer”, “interinsurance”, “exchange”, “underwriters”, or “underwriting”; and
(2) Sue and be sued in its own name.
Structure Arkansas Code
Title 23 - Public Utilities and Regulated Industries
Chapter 70 - Reciprocal Insurers
§ 23-70-104. Name used in suits
§ 23-70-105. Surplus funds required
§ 23-70-107. Certificate of authority
§ 23-70-108. Power of attorney
§ 23-70-110. Attorney's bond required — Exception
§ 23-70-111. Service of process — Judgment
§ 23-70-112. Contributions to insurer
§ 23-70-114. Method of determining financial condition
§ 23-70-115. Subscribers generally
§ 23-70-116. Subscribers' advisory committee
§ 23-70-117. Subscribers' liability
§ 23-70-119. Aggregate liability
§ 23-70-120. Nonassessable policies
§ 23-70-121. Distribution of savings
§ 23-70-122. Subscribers' share in assets