Purpose
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AR Code › Title 23 › Chapter 101 › Section 23-101-101
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The purposes of this chapter are to: (1) Promote the public welfare by regulating creditor-placed insurance; (2) Create a legal framework within which creditor-placed insurance may be written in this state; and (3) Minimize unfair competitive practices in the sale of creditor-placed insurance. Acts 1997, No. 930, § 1; 2001, No. 580, § 25.
The purposes of this chapter are to:
(1) Promote the public welfare by regulating creditor-placed insurance;
(2) Create a legal framework within which creditor-placed insurance may be written in this state; and
(3) Minimize unfair competitive practices in the sale of creditor-placed insurance.
Acts 1997, No. 930, § 1; 2001, No. 580, § 25.
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