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AR SB132
Bill
Status
4/8/2015
Primary Sponsor
David Johnson
Click for details
AI Summary
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Reinserts a conjunction ("and") inadvertently deleted in Arkansas Code § 23-61-112(a)(3) regarding the Insurance Commissioner's annual report to the Governor on State Insurance Department receipts and expenses.
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Clarifies Arkansas Code § 23-66-508(a)(3)(B) to specify that law enforcement officers in the Criminal Investigation Division must be state-certified or have equivalent national/military law enforcement experience as approved by the Arkansas Commission on Law Enforcement Standards and Training.
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Corrects improper subdivision in Arkansas Code § 23-68-135(d) regarding liquidation procedures by restructuring the list of required court submissions for insurance company liquidations to clarify early access payments and asset recovery provisions.
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Reorganizes Arkansas Code § 23-79-110(c) to correct subdivision numbering and internal references in premium rate filing requirements, specifically regarding loss ratio guarantees, refund procedures, and audit requirements for insurers.
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Amends Arkansas Code § 23-86-122 to clarify the definition of "health carrier" and its scope, and updates terminology regarding experimental and investigational surgical products and medical devices.
Legislative Description
To Make Technical Corrections To Title 23 Of The Arkansas Code Concerning Public Utilities And Regulated Industries.
Last Action
Notification that SB132 is now Act 1164
4/8/2015