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Arkansas · Snapshot open-us-law v2026.08, retrieved 2026-09-14

Ark. Code Ann. § 23-66-203: Definitions

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Where this section sits in the code
  1. AR Code
  2. Title 23
  3. Chapter 66
  4. Subchapter 2

As used in this subchapter: (1) "Commissioner" means the Insurance Commissioner of this state; (2) (A) "Depository institution" means a bank or savings association. (B) The terms "depository institution" or "depository corporation" do not include an insurance company; (3) "Insurance policy" or "insurance contract" means any contract of insurance, indemnity, medical or hospital service, suretyship, or annuity which is issued, proposed for issuance, or intended for issuance by any person; and (4) (A) "Person" means any individual, corporation, association, partnership, reciprocal exchange, interinsurer, Lloyd's insurer, fraternal benefit society, and any other legal entity engaged in the business of insurance, including agents, brokers, and adjusters. (B) (i) "Person" also means medical service plans and hospital service plans as defined in § 23-75-101 . (ii) For purposes of this subchapter, medical and hospital service plans shall be deemed to be engaged in the business of insurance. Acts 1959, No. 148, § 210; 1973, No. 41, § 1; A.S.A. 1947, § 66-3003; Acts 2003, No. 1747, § 1.

As used in this subchapter:

(1) "Commissioner" means the Insurance Commissioner of this state;

(2) (A) "Depository institution" means a bank or savings association. (B) The terms "depository institution" or "depository corporation" do not include an insurance company;

(A) "Depository institution" means a bank or savings association.

(B) The terms "depository institution" or "depository corporation" do not include an insurance company;

(3) "Insurance policy" or "insurance contract" means any contract of insurance, indemnity, medical or hospital service, suretyship, or annuity which is issued, proposed for issuance, or intended for issuance by any person; and

(4) (A) "Person" means any individual, corporation, association, partnership, reciprocal exchange, interinsurer, Lloyd's insurer, fraternal benefit society, and any other legal entity engaged in the business of insurance, including agents, brokers, and adjusters. (B) (i) "Person" also means medical service plans and hospital service plans as defined in § 23-75-101 . (ii) For purposes of this subchapter, medical and hospital service plans shall be deemed to be engaged in the business of insurance.

(A) "Person" means any individual, corporation, association, partnership, reciprocal exchange, interinsurer, Lloyd's insurer, fraternal benefit society, and any other legal entity engaged in the business of insurance, including agents, brokers, and adjusters.

(B) (i) "Person" also means medical service plans and hospital service plans as defined in § 23-75-101 . (ii) For purposes of this subchapter, medical and hospital service plans shall be deemed to be engaged in the business of insurance.

(i) "Person" also means medical service plans and hospital service plans as defined in § 23-75-101 .

(ii) For purposes of this subchapter, medical and hospital service plans shall be deemed to be engaged in the business of insurance.

Collected 2026-09-14T18:32:41Z. Source file · JSON

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