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§ 23-40-101. Short title - This chapter shall be known as the “Arkansas Prepaid Funeral...
§ 23-40-102. Purpose - The purpose of this chapter is to provide for the...
§ 23-40-103. Definitions - As used in this chapter: (1) “Annuity funding” means contract...
§ 23-40-104. Arkansas Insurance Code not affected - Except as provided in § 23-40-112(h)(2), this chapter shall not...
§ 23-40-105. Burial associations exempted - Nothing in this chapter shall apply to organizations or associations...
§ 23-40-106. Violations — Penalties - (a) (1) An officer, director, agent, or employee of an...
§ 23-40-107. Division of Prepaid Funeral Benefits — State Insurance Department Prepaid Trust Fund - (a) The Insurance Commissioner shall be responsible for the regulation...
§ 23-40-108. Administration - (a) This chapter shall be administered by the Insurance Commissioner....
§ 23-40-109. Permit required - (a) Any individual, firm, partnership, corporation, society, association, or other...
§ 23-40-110. Application for initial or renewed permit - (a) Each organization desiring to sell prepaid funeral benefits or...
§ 23-40-111. Issuance of permit — Cancellation or denial - (a) (1) The Insurance Commissioner may issue a permit conditioned...
§ 23-40-112. Prepaid funeral benefits contracts - (a) (1) The Insurance Commissioner shall approve forms for prepaid...
§ 23-40-113. Change of ownership - (a) The seller shall apply for change of ownership or...
§ 23-40-114. Trust funds — Creation — Deposits, withdrawals, and transfers of funds - (a) All contract proceeds collected under contracts for prepaid funeral...
§ 23-40-115. Trust funds — Investments - (a) The trustees shall invest the trust fund only in...
§ 23-40-116. Trust funds — Disbursements - The trustee shall disburse money or other property from the...
§ 23-40-117. Trust funds — Exemption from attachment, etc - (a) All contract proceeds held in trust pursuant to the...
§ 23-40-118. Agent for deposit of contract proceeds - (a) Each organization subject to this chapter shall designate an...
§ 23-40-119. Annual report and fee - (a) Each organization shall file an annual report and an...
§ 23-40-120. Records required — Examination - (a) Each organization which has outstanding contracts for prepaid funeral...
§ 23-40-122. Cancellation or transfer - (a) A purchaser may cancel or transfer a prepaid contract...
§ 23-40-123. Delinquency proceedings - (a) If it appears upon sufficient grounds or evidence satisfactory...
§ 23-40-124. Compliance - Compliance with this act shall be required for all licensees...
§ 23-40-125. Prepaid Funeral Contracts Recovery Program Fund — Created — Prepaid Funeral Contracts Recovery Program Board — Established - (a) There is established within the State Insurance Department Prepaid...
§ 23-40-126. Unfair competition or unfair or deceptive acts or practices prohibited — Penalties - An unfair method of competition or an unfair or deceptive...