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AR SB574

Bill

Status

Passed

4/26/2021

Primary Sponsor

Bob Ballinger

Click for details

Origin

Senate

93rd General Assembly (2021 Regular)

AI Summary

  • Amends Arkansas Code § 27-19-107(a) to allow religious denominations that share liability among members to qualify as self-insurers for motor vehicle liability purposes.

  • Permits a religious denomination with more than 25 members who own registered motor vehicles and prohibit members from purchasing insurance to obtain a certificate of self-insurance from the Office of Motor Vehicle.

  • Establishes that religious denominations meeting the liability-sharing criteria are considered insurers for motor vehicle liability insurance purposes under state law.

  • Creates alternative pathway to self-insurer status for liability-sharing organizations without requiring a traditional certificate of self-insurance from the Office of Motor Vehicle.

Legislative Description

To Recognize A Liability Sharing Organization As An Insurer For Motor Vehicle Liability Insurance Purposes.

Last Action

Notification that SB574 is now Act 910

4/26/2021

Committee Referrals

Public Transportation4/7/2021
Transportation, Technology & Legislative Affairs3/18/2021

Full Bill Text

No bill text available