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054.00.15-13. Acquisition of Ark. Code Ann. § 23-63-506 Insurers.

AR ADC 054.00.15-13Arkansas Administrative CodeEffective: January 1, 2016

West's Arkansas Administrative Code
Title 054. Insurance Department
Division 00.
Rule 15. Insurance Holding Company Systems with Reporting Forms and Instructions
Effective: January 1, 2016
Ark. Admin. Code 054.00.15-13
054.00.15-13. Acquisition of Ark. Code Ann. § 23-63-506 Insurers.
Currentness
(a) If the person being acquired is deemed to be a “domestic insurer” solely because of the provisions of Ark. Code Ann. § 23-63-506, the name of the domestic insurer on the cover page should be indicated as follows:
“ABC Insurance Company, a subsidiary of XYZ Holding Company.”
(b) Where an Ark. Code Ann. § 23-63-506 insurer is being acquired, references to “the insurer” contained in Form A shall refer to both the domestic subsidiary insurer and the person being acquired.

Credits

Amended Jan. 1, 2016.
Current with amendments received through February 15, 2024. Some sections may be more current, see credit for details.
Ark. Admin. Code 054.00.15-13, AR ADC 054.00.15-13
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