Arkansas Code
Chapter 81 - Life Insurance Policies And Annuities
Subchapter 8 - Life Settlements Act

§ 23-81-801. Short title - This subchapter shall be known and may be cited as...

§ 23-81-802. Definitions - As used in this subchapter: (1) “Advertisement” means any written,...

§ 23-81-803. Licensing requirements - (a) A person, wherever located, shall not act as a...

§ 23-81-804. License suspension, revocation, or refusal to renew - (a) The Insurance Commissioner may suspend, revoke, or refuse to...

§ 23-81-805. Contract requirements - (a) A person shall not use any form of life...

§ 23-81-806. Reporting requirements and privacy - (a) (1) (A) For any policy settled within five (5)...

§ 23-81-807. Examination - (a) (1) When the Insurance Commissioner deems it reasonably necessary...

§ 23-81-808. Advertising - (a) (1) A broker or provider licensed pursuant to this...

§ 23-81-809. Disclosures to owners - (a) The provider or broker shall provide in writing in...

§ 23-81-810. Disclosure to insurer - (a) Without limiting the ability of an insurer from assessing...

§ 23-81-811. General rules - (a) A provider entering into a life settlement contract with...

§ 23-81-812. Authority to promulgate rules — Conflict of laws - (a) The Insurance Commissioner may promulgate rules implementing this subchapter...

§ 23-81-813. Prohibited practices - (a) It is unlawful for any person to: (1) Enter...

§ 23-81-814. Fraud prevention and control - (a) Fraudulent Life Settlement Act, Interference, and Participation of Convicted...

§ 23-81-815. Injunctions — Civil remedies — Cease and desist - (a) In addition to the penalties and other enforcement provisions...

§ 23-81-816. Penalties - (a) It is a violation of this subchapter for any...

§ 23-81-817. Unfair trade practices - A violation of §§ 23-81-801 — 23-81-816 shall be considered...

§ 23-81-818. Effective date - (a) (1) A provider lawfully transacting business in this state...