This subchapter shall be interpreted liberally in order to achieve the following purposes:
(1) To encourage the development of effective and economically sound methods of making legal services more readily available;
(2) To protect the interests of the users of legal services and of the public of this state with a minimum of restrictions on experimentation with new forms of organization, administration, or benefits;
(3) To seek to have the risk inherent in experimentation borne by the promoters of new plans rather than by the consumers;
(4) To permit and encourage the providing of legal services through persons other than professional insurers subject to practical and reasonable financial and regulatory requirements;
(5) To permit and encourage fair and effective competition among the various systems of financing legal services; and
(6) To ensure that each person being provided with legal insurance has the right to seek performance of covered legal services by the attorney of his or her choice. The attorney shall be required to reasonably comply with the plan provisions.
Structure Arkansas Code
Title 23 - Public Utilities and Regulated Industries
Chapter 91 - PrePaid Legal Insurance
Subchapter 2 - Arkansas Legal Insurance Act
§ 23-91-202. Construction and purposes
§ 23-91-204. Applicability of insurance law
§ 23-91-205. Applicability of unauthorized insurance law
§ 23-91-207. Penalty provisions — Applicability of §§ 23-60-108 and 23-60-109
§ 23-91-208. Authorization required
§ 23-91-209. Conditions for issuing certificate of authority
§ 23-91-210. Regulation of policy forms
§ 23-91-211. Regulation of rates
§ 23-91-212. Approval of forms and rates
§ 23-91-213. Segregated accounts required — Exception
§ 23-91-214. Management and exclusive agency contracts
§ 23-91-216. Reserves required
§ 23-91-217. Investment of assets
§ 23-91-219. Licensing of agents
§ 23-91-220. Examination of insurer's affairs
§ 23-91-221. Professional ethics
§ 23-91-222. Revocation of certificate of authority
§ 23-91-223. Rehabilitation and liquidation