{"data":{"id":"us-ar/ark.-code-ann.-23-66-603","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 23-66-603","heading":"Definitions","body":"For the purpose of this subchapter: (1) \"Affiliate\" means any company that controls, is controlled by, or is under common control with another company; (2) \"Customer\" means a person who obtains, applies for, or is solicited to obtain insurance products primarily for personal, family, and household purposes; (3) \"Depository institution\" means a bank or savings association and does not include an insurance company; (4) \"Insurance\" means all policies or products defined or regulated as insurance pursuant to § 23-60-101 et seq. except: (A) Credit life, credit accident and health, credit property, credit casualty, credit involuntary unemployment, mortgagor's decreasing term life, and mortgagor's accident and health and sickness insurance; (B) Insurance placed by a financial institution in connection with collateral pledged as security for a loan when the debtor breaches the contractual obligation to provide that insurance; and (C) Private mortgage insurance; (5) \"Insurance information\" means information concerning the premiums, terms, and conditions of insurance coverage, including expiration dates and rates, and insurance claims of a customer contained in the records of a depository institution or an affiliate of a depository institution; and (6) \"Person\" means any natural or artificial entity, including, but not limited to, individuals, partnerships, associations, trusts, or corporations. Acts 1997, No. 900, § 3; 1999, No. 881, § 9; 2001, No. 1728, § 3; 2003, No. 1747, § 10.\n\nFor the purpose of this subchapter:\n\n(1) \"Affiliate\" means any company that controls, is controlled by, or is under common control with another company;\n\n(2) \"Customer\" means a person who obtains, applies for, or is solicited to obtain insurance products primarily for personal, family, and household purposes;\n\n(3) \"Depository institution\" means a bank or savings association and does not include an insurance company;\n\n(4) \"Insurance\" means all policies or products defined or regulated as insurance pursuant to § 23-60-101 et seq. except: (A) Credit life, credit accident and health, credit property, credit casualty, credit involuntary unemployment, mortgagor's decreasing term life, and mortgagor's accident and health and sickness insurance; (B) Insurance placed by a financial institution in connection with collateral pledged as security for a loan when the debtor breaches the contractual obligation to provide that insurance; and (C) Private mortgage insurance;\n\n(A) Credit life, credit accident and health, credit property, credit casualty, credit involuntary unemployment, mortgagor's decreasing term life, and mortgagor's accident and health and sickness insurance;\n\n(B) Insurance placed by a financial institution in connection with collateral pledged as security for a loan when the debtor breaches the contractual obligation to provide that insurance; and\n\n(C) Private mortgage insurance;\n\n(5) \"Insurance information\" means information concerning the premiums, terms, and conditions of insurance coverage, including expiration dates and rates, and insurance claims of a customer contained in the records of a depository institution or an affiliate of a depository institution; and\n\n(6) \"Person\" means any natural or artificial entity, including, but not limited to, individuals, partnerships, associations, trusts, or corporations.","path":["AR Code","Title 23","Chapter 66","Subchapter 6"],"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":"0f3cb928514a07313dc29e3d1bc00718f3d73522a2adfd687b474105c871c2ce","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-23-66-602","next":"us-ar/ark.-code-ann.-23-66-604"},"notice":"GroundRules: Original legal text. Not legal advice."}