{"data":{"id":"us-ar/ark.-code-ann.-23-63-1702","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 23-63-1702","heading":"Purpose","body":"This subchapter provides:\n\n(1) A basis for the creation of protected cells by a domestic insurer as one means of accessing alternative sources of capital and achieving the benefits of insurance securitization;\n\n(2) Funds to investors in fully funded insurance securitization transactions that are available to pay the insurer's insurance obligations or to repay the investors, or both; and\n\n(3) A means to achieve more efficiencies in conducting insurance securitizations.","path":["AR Code","Title 23","Chapter 63","Subchapter 17"],"source_url":"https://oss-data-us.vaquill.ai/v2026.08/us_ar_statutes.parquet","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:41Z","sha256":"606b3f6f07bd42ecdf9b0988453ead630528050cdca2d2e927edb1e4de78b905","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-23-63-1701","next":"us-ar/ark.-code-ann.-23-63-1703"},"notice":"GroundRules: Original legal text. Not legal advice."}