No insurer shall use the term “stipulated premium” in its insurance applications or contracts, or print or use that term in its policies or literature, unless lawfully authorized to transact insurance in this state on the stipulated premium plan.
Structure Arkansas Code
Title 23 - Public Utilities and Regulated Industries
Chapter 71 - Stipulated Premium Insurers
§ 23-71-103. Other provisions applicable
§ 23-71-104. Incorporation, reincorporation, or formation prohibited
§ 23-71-105. Reserves and nonforfeiture provisions required
§ 23-71-106. Use of “stipulated premium” prohibited — Exception
§ 23-71-107. Articles of incorporation and capital stock
§ 23-71-110. Guaranty fund deposit
§ 23-71-111. Policies — Liability
§ 23-71-112. Benefits not subject to attachment
§ 23-71-114. Personal liability
§ 23-71-115. Merger, consolidation, or adoption of plan of exchange