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Section 23-63-816 - Common stocks — Arkansas Law | CourtGPT
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  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 8 - Investments/
  8. Section 23-63-816 - Common stocks
Arkansas Legal Code

Section 23-63-816 - Common stocks

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An insurer may invest in nonassessable, except for taxes and wages, common stocks other than insurance stocks of solvent United States or Canadian corporations that qualify as a sound investment.Acts 1959, No. 148, § 112; A.S.A. 1947, § 66-2616.