{"data":{"id":"us-ar/ark.-code-ann.-23-88-205","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 23-88-205","heading":"Promulgation of form by Insurance Commissioner","body":"(a) In promulgating the antiarson application form, the Insurance Commissioner shall consider generally recognized two-tier application forms. If the initial first-tier application elicits certain predesignated answers, then the administration of a second-tier supplementary application shall be mandatory. (b) The two-tier application shall secure the disclosure of information, including, but not limited to: (1) The name and address of the applicant and any mortgagees and any other parties who have an ownership interest in the property; (2) The amount of insurance requested and the method of valuation used to establish the amount of insurance; (3) The dates and selling prices of the property in all real estate transactions involving the property during the last three (3) years; (4) The applicant's loss history over the last five (5) years with regard to any property in which he or she held an equity interest or a mortgage and when any loss exceeded one thousand dollars ($1,000) in damages; (5) All taxes unpaid or overdue for one (1) or more years and any mortgage payments overdue by three (3) months or more; (6) All current violations of fire, safety, health, building, or construction codes on the property to be insured; and (7) The present occupancy of the structure. Acts 1983, No. 359, § 2; A.S.A. 1947, § 66-5607.\n\n(a) In promulgating the antiarson application form, the Insurance Commissioner shall consider generally recognized two-tier application forms. If the initial first-tier application elicits certain predesignated answers, then the administration of a second-tier supplementary application shall be mandatory.\n\n(b) The two-tier application shall secure the disclosure of information, including, but not limited to: (1) The name and address of the applicant and any mortgagees and any other parties who have an ownership interest in the property; (2) The amount of insurance requested and the method of valuation used to establish the amount of insurance; (3) The dates and selling prices of the property in all real estate transactions involving the property during the last three (3) years; (4) The applicant's loss history over the last five (5) years with regard to any property in which he or she held an equity interest or a mortgage and when any loss exceeded one thousand dollars ($1,000) in damages; (5) All taxes unpaid or overdue for one (1) or more years and any mortgage payments overdue by three (3) months or more; (6) All current violations of fire, safety, health, building, or construction codes on the property to be insured; and (7) The present occupancy of the structure.\n\n(1) The name and address of the applicant and any mortgagees and any other parties who have an ownership interest in the property;\n\n(2) The amount of insurance requested and the method of valuation used to establish the amount of insurance;\n\n(3) The dates and selling prices of the property in all real estate transactions involving the property during the last three (3) years;\n\n(4) The applicant's loss history over the last five (5) years with regard to any property in which he or she held an equity interest or a mortgage and when any loss exceeded one thousand dollars ($1,000) in damages;\n\n(5) All taxes unpaid or overdue for one (1) or more years and any mortgage payments overdue by three (3) months or more;\n\n(6) All current violations of fire, safety, health, building, or construction codes on the property to be insured; and\n\n(7) The present occupancy of the structure.","path":["AR Code","Title 23","Chapter 88","Subchapter 2"],"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":"fbff539fe80f7496a3e7fba214b56f0b010899e0ca2807237100bbd7a7d2a213","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-23-88-204","next":"us-ar/ark.-code-ann.-23-88-206"},"notice":"GroundRules: Original legal text. Not legal advice."}