Subject to the terms of the group policy relating to assignment of rights or incidents of ownership thereunder, an assignment by the insured, whether made before or after June 17, 1981, shall vest in the assignee all of such rights or incidents of ownership so assigned in accordance with any provisions of the assignment as to the effective date thereof, but the assignment shall be without prejudice to the insurer on account of any payment it may make or individual policy it may issue prior to receipt of notice of the assignment.
Structure Arkansas Code
Title 23 - Public Utilities and Regulated Industries
Chapter 83 - Group Life Insurance And Annuities
§ 23-83-101. Group contracts must meet group requirements
§ 23-83-103. Labor union 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