State Codes and Statutes

Statutes > Arkansas > Title-23 > Subtitle-3 > Chapter-68 > 23-68-104

23-68-104. Commencement of delinquency proceedings.

The Insurance Commissioner shall commence any such proceedings by application to the court for an order directing the insurer to show cause why the commissioner should not have the relief prayed for. On the return of such order to show cause, and after a full hearing, the court shall either deny the application or grant the application, together with such other relief as the nature of the case and the interests of the policyholders, creditors, stockholders, members, subscribers, or the public may require.

State Codes and Statutes

Statutes > Arkansas > Title-23 > Subtitle-3 > Chapter-68 > 23-68-104

23-68-104. Commencement of delinquency proceedings.

The Insurance Commissioner shall commence any such proceedings by application to the court for an order directing the insurer to show cause why the commissioner should not have the relief prayed for. On the return of such order to show cause, and after a full hearing, the court shall either deny the application or grant the application, together with such other relief as the nature of the case and the interests of the policyholders, creditors, stockholders, members, subscribers, or the public may require.