State Codes and Statutes

Statutes > Arkansas > Title-23 > Subtitle-3 > Chapter-70 > 23-70-121

23-70-121. Distribution of savings.

(a) A reciprocal insurer may return to its subscribers from time to time any unused premiums, savings, or credits accruing to their accounts.

(b) Any distribution shall not unfairly discriminate between classes of risks, or policies, or between subscribers, but the distribution may vary as to classes of subscribers based upon the experience of those subscribers.

State Codes and Statutes

Statutes > Arkansas > Title-23 > Subtitle-3 > Chapter-70 > 23-70-121

23-70-121. Distribution of savings.

(a) A reciprocal insurer may return to its subscribers from time to time any unused premiums, savings, or credits accruing to their accounts.

(b) Any distribution shall not unfairly discriminate between classes of risks, or policies, or between subscribers, but the distribution may vary as to classes of subscribers based upon the experience of those subscribers.