Ark. Code Ann. § 23-97-320: Authority to promulgate rules
Where this section sits in the code
- AR Code
- Title 23
- Chapter 97
- Subchapter 3
The Insurance Commissioner shall issue rules for long-term care insurance to: (1) Promote premium adequacy; (2) Protect the policyholder in the event of substantial rate increases; and (3) Establish minimum standards for: (A) Marketing practices; (B) Agent compensation; (C) Agent testing; (D) Penalties; and (E) Reporting practices. Amended by Act 2019, No. 315,§ 2792, eff. 7/24/2019. Acts 2005, No. 1697, § 31.
The Insurance Commissioner shall issue rules for long-term care insurance to:
(1) Promote premium adequacy;
(2) Protect the policyholder in the event of substantial rate increases; and
(3) Establish minimum standards for: (A) Marketing practices; (B) Agent compensation; (C) Agent testing; (D) Penalties; and (E) Reporting practices.
(A) Marketing practices;
(B) Agent compensation;
(C) Agent testing;
(D) Penalties; and
(E) Reporting practices.
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