Ark. Code § 23-63-1618

Current with legislation from 2024 Fiscal and Special Sessions.

Section 23-63-1618 - Availability of funds

In the case of a producer reinsurance captive insurance company or a sponsored captive insurance company:

(1) The assets of the protected cell may not be used to pay any expenses or claims other than those attributable to the protected cell; and

(2) Its capital and surplus must be available to pay any expenses of or claims against the captive insurance company at all times.

Ark. Code § 23-63-1618

Acts 2001, No. 1391, § 18.