Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
Section 23-63-1618 - Availability of funds — Arkansas Law | CourtGPT
  1. Home/
  2. Laws/
  3. Arkansas/
  4. Title 23 - Public Utilities and Regulated Industries (§§ 23-1-101 — 23-119-105)/
  5. Subtitle 3 - Insurance/
  6. Chapter 63 - Insurance Companies Generally Sub/
  7. Subchapter 16 - Licensing and Regulation of Captive Insurers/
  8. Section 23-63-1618 - Availability of funds
Arkansas Legal Code

Section 23-63-1618 - Availability of funds

Ask AI about this
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.Acts 2001, No. 1391, § 18.