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AR SB439
Bill
Status
3/29/2021
Primary Sponsor
Bob Ballinger
Click for details
AI Summary
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Amends Arkansas Code § 23-63-1620(k)(6) to replace short-form references with fully defined terms in sponsored captive insurance company insolvency provisions.
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Amends Arkansas Code § 23-63-1705(b)(2)(B) to clarify investment limitation language for protected cells in captive insurance companies.
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Repeals Arkansas Code § 23-79-160, which addressed health insurance information requirements for the Health Care Independence Program that ended December 31, 2016.
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Establishes legislative intent that this act makes only technical, not substantive, changes to the Arkansas Code of 1987 and does not repeal other acts from the 93rd General Assembly regular session.
Legislative Description
To Make Technical Corrections To Title 23 Of The Arkansas Code Concerning Public Utilities And Regulated Industries.
Last Action
Notification that SB439 is now Act 481
3/29/2021