Arkansas Code
Chapter 83 - Group Life Insurance And Annuities
§ 23-83-125. Assignment of rights or incidents of ownership

Nothing in §§ 23-83-101 — 23-83-124 shall prohibit a person who is insured under any group policy from making an assignment or otherwise disposing of all or any part of his or her rights or incidents of ownership under the policy.

Structure Arkansas Code

Arkansas Code

Title 23 - Public Utilities and Regulated Industries

Subtitle 3 - Insurance

Chapter 83 - Group Life Insurance And Annuities

§ 23-83-101. Group contracts must meet group requirements

§ 23-83-102. Employee groups

§ 23-83-103. Labor union groups

§ 23-83-104. Trustee groups

§ 23-83-105. Debtor groups and credit union groups

§ 23-83-106. Association groups

§ 23-83-107. Restrictions on coverage of other groups

§ 23-83-108. Restrictions on coverage of spouse and dependent children of group member

§ 23-83-109. Provisions required in policy

§ 23-83-110. Grace period for payment of premium provision

§ 23-83-111. Incontestability provision

§ 23-83-112. Application attached to policy provision — Statements deemed representations

§ 23-83-113. Insurability provision

§ 23-83-114. Misstatement of age provision

§ 23-83-115. Payment of benefits provision

§ 23-83-116. Issuance of certificate to policyholder provision

§ 23-83-117. Conversion on termination of eligibility provision

§ 23-83-118. Conversion on termination of policy provision

§ 23-83-119. Death pending conversion provision

§ 23-83-120. Continuation of coverage during insured's total disability provision

§ 23-83-121. Delivery of certificate of insurance to insured debtors provision

§ 23-83-122. Notice as to conversion right

§ 23-83-123. Group insurance on Arkansas residents placed in authorized insurers

§ 23-83-124. Group insurance in unauthorized insurer

§ 23-83-125. Assignment of rights or incidents of ownership

§ 23-83-126. Assignment of rights not to prejudice insurer