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    • Legislation USA
    • Arkansas Code
    • Title 23 - Public Utilities and Regulated Industries
    • Subtitle 3 - Insurance
    • Chapter 70 - Reciprocal Insurers
    • § 23-70-119. Aggregate liability

    Arkansas Code
    Chapter 70 - Reciprocal Insurers
    § 23-70-119. Aggregate liability

    No one (1) policy or subscriber as to the policy shall be assessed or charged with an aggregate of contingent liability as to obligations incurred by a domestic reciprocal insurer in any one (1) calendar year in excess of the amount provided for in the power of attorney or in the subscribers' agreement, computed solely upon premium earned on the policy during that year.

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    Structure Arkansas Code

    Arkansas Code

    Title 23 - Public Utilities and Regulated Industries

    Subtitle 3 - Insurance

    Chapter 70 - Reciprocal Insurers

    § 23-70-101. Definitions

    § 23-70-102. Scope

    § 23-70-103. Insuring powers

    § 23-70-104. Name used in suits

    § 23-70-105. Surplus funds required

    § 23-70-106. Organization

    § 23-70-107. Certificate of authority

    § 23-70-108. Power of attorney

    § 23-70-109. Modifications

    § 23-70-110. Attorney's bond required — Exception

    § 23-70-111. Service of process — Judgment

    § 23-70-112. Contributions to insurer

    § 23-70-113. Annual statement

    § 23-70-114. Method of determining financial condition

    § 23-70-115. Subscribers generally

    § 23-70-116. Subscribers' advisory committee

    § 23-70-117. Subscribers' liability

    § 23-70-118. Assessments

    § 23-70-119. Aggregate liability

    § 23-70-120. Nonassessable policies

    § 23-70-121. Distribution of savings

    § 23-70-122. Subscribers' share in assets

    § 23-70-123. Merger or conversion

    § 23-70-124. Impaired reciprocals

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