Control of or merger with domestic insurer - Mailings
ArkansasStatutes
Ask Donna
How this section applies to your facts.
AR Code › Title 23 › Chapter 63 › Subchapter 5 › Section 23-63-511
Text
(a) All statements, amendments, or other materials filed pursuant to § 23-63-506 or § 23-63-508 and all notices of public hearings held pursuant to § 23-63-510 shall be mailed by the insurer to its shareholders within five (5) business days after the insurer has received the statements, amendments, other material, or notices. (b) The expenses of mailing shall be borne by the person making the filing. (c) As security for the payment of the expenses, the person shall file with the Insurance Commissioner an acceptable bond or other deposit in an amount to be determined by the commissioner. Acts 1971, No. 288, § 5; A.S.A. 1947, § 66-5005.
(a) All statements, amendments, or other materials filed pursuant to § 23-63-506 or § 23-63-508 and all notices of public hearings held pursuant to § 23-63-510 shall be mailed by the insurer to its shareholders within five (5) business days after the insurer has received the statements, amendments, other material, or notices.
(b) The expenses of mailing shall be borne by the person making the filing.
(c) As security for the payment of the expenses, the person shall file with the Insurance Commissioner an acceptable bond or other deposit in an amount to be determined by the commissioner.
Acts 1971, No. 288, § 5; A.S.A. 1947, § 66-5005.
This is a copy of a public record, reproduced as it was published. It is not legal advice, and it may not be the version a court would rely on. Check the official source before you cite it.