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Section 23-97-302 - Purpose — Arkansas Law | CourtGPT
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  4. Title 23 - Public Utilities and Regulated Industries (§§ 23-1-101 — 23-119-105)/
  5. Subtitle 3 - Insurance/
  6. Chapter 97 - Long-term Care Insurance Sub/
  7. Subchapter 3 - Long-term Care Insurance Act of 2005/
  8. Section 23-97-302 - Purpose
Arkansas Legal Code

Section 23-97-302 - Purpose

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The purpose of this subchapter is to:(1) Promote the public interest;(2) Promote the availability of long-term care insurance policies;(3) Protect applicants for long-term care insurance from unfair or deceptive sales or enrollment practices;(4) Establish standards for long-term care insurance;(5) Facilitate public understanding and comparison of long-term care insurance policies; and(6) Facilitate flexibility and innovation in the development of long-term care insurance coverage.Acts 2005, No. 1697, § 31.