State Codes and Statutes

Statutes > Arkansas > Title-23 > Subtitle-3 > Chapter-70 > 23-70-109

23-70-109. Modifications.

(a) Modifications of the terms of the subscribers' agreement or of the power of attorney of a domestic reciprocal insurer shall be made jointly by the attorney and the subscribers' advisory committee.

(b) No modification shall be effective retroactively, nor as to any insurance contract issued prior thereto.

State Codes and Statutes

Statutes > Arkansas > Title-23 > Subtitle-3 > Chapter-70 > 23-70-109

23-70-109. Modifications.

(a) Modifications of the terms of the subscribers' agreement or of the power of attorney of a domestic reciprocal insurer shall be made jointly by the attorney and the subscribers' advisory committee.

(b) No modification shall be effective retroactively, nor as to any insurance contract issued prior thereto.