reglab/housing_qa huggingface dataset:
AR Code § 23-101-112 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 3 - Insurance|Chapter 101 - Creditor-Placed Insurance|§ 23-101-112. Remittance of premiums and payment of compensation

 (a)  (1) The entire amount of the premium due from a creditor shall be remitted to the insurer or its producer in accordance with the insurer's requirements.  (2) No commissions may be paid to, or retained by, a person or entity not licensed and appointed in accordance with the Producer Licensing Model Act, § 23-64-501 et seq., nor to a depository institution or an affiliate of a depository institution unless appropriately licensed under § 23-64-101 et seq.  (3) For purposes of this section, “person” includes any individual, corporation, association, partnership, or other legal entity.    (b) The retention by the creditor of unearned premiums upon cancellation of the insurance without crediting to the debtor's account the amount of unearned insurance charges is prohibited.  (c) Unless allowed by § 23-64-513, rebates to the creditor of a portion of the premium charged to the debtor are prohibited as are other inducements provided to the creditor by an insurer or producer. The listing of the following activities as prohibited rebates or inducements is not intended to be restrictive, and the Insurance Commissioner may identify an activity as prohibited by rule or order:  (1) Allowing insurers or producers to purchase certificates of deposit from the creditor or to maintain accounts with the creditor at less than the market interest rates and charges that the creditor applies to other customers for deposit accounts of similar amounts and duration;  (2) Paying a commission to a person, including a creditor, who is not appropriately licensed as a producer in this state; and  (3) Purchasing or offering to purchase certificates of deposit from, or maintaining or offering to maintain deposit accounts or investment accounts with, a creditor as part of a creditor-placed insurance solicitation.    (d) Prohibited rebates or inducements do not include the providing of insurance tracking and other services incidental to the creditor-placed insurance program.  (e) Nothing contained in this section shall prohibit or restrict an insurer or producer from maintaining a demand, premium deposit, or other account or accounts with a creditor for which the insurer or producer provides insurance if the accounts pay the market interest rate and charges that the creditor applies to other customers for deposit accounts of similar amounts and duration.
AR Code § 23-101-114 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 3 - Insurance|Chapter 101 - Creditor-Placed Insurance|§ 23-101-114. Rules

 After notice and hearing, the Insurance Commissioner may promulgate reasonable rules to carry out and effectuate the provisions of this chapter.
AR Code § 23-102-101 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 3 - Insurance|Chapter 102 - Arkansas Earthquake Authority Act|§ 23-102-101. Short title

 This chapter shall be known and may be cited as the “Arkansas Earthquake Authority Act”.
AR Code § 23-102-102 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 3 - Insurance|Chapter 102 - Arkansas Earthquake Authority Act|§ 23-102-102. Legislative findings and intent

 (a) The threat of or the actual occurrence of a major earthquake poses serious consequences for the State of Arkansas and its citizens. Of particular concern is the magnitude of damage to residential homeowner and farmowner dwellings and whether or not these structures are adequately insured.  (b) The market for residential earthquake insurance within the State of Arkansas is currently characterized by the following:  (1) Potential for unavailability of earthquake insurance coverage or inadequate coverage;  (2) Potential lack of capacity and desire of insurers to write residential earthquake coverage due to pressure from rating agencies;  (3) Low percentage of Arkansans with earthquake insurance;  (4) Lack of awareness on the part of residential homeowners and farmowners regarding the consequences of a major earthquake; and  (5) Lack of awareness on the part of residential homeowners and farmowners that earthquake is not a covered peril under a basic homeowner or farmowner policy unless affirmatively added by endorsement.    (c) The General Assembly declares there is a compelling state interest in maintaining a viable and orderly private sector market for residential earthquake insurance in this state. To the extent that private sector insurers are unable to maintain a viable and orderly market for residential earthquake insurance in this state, state actions to maintain such a viable and orderly market are appropriate.
AR Code § 23-102-103 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 3 - Insurance|Chapter 102 - Arkansas Earthquake Authority Act|§ 23-102-103. Definitions

 As used in this chapter:   (1) “Authority” means the Arkansas Earthquake Authority;  (2) “Board” means the Board of the Arkansas Earthquake Authority;  (3) “Commissioner” means the Insurance Commissioner;  (4) “Event” means an earthquake and all subsequent earthquakes occurring within the following seventy-two-hour period;  (5) “Insurer” means all property insurers as defined in § 23-62-104 and includes farmers' mutual aid associations and all casualty insurers as defined in § 23-62-105;  (6) “Net direct written premium” is the gross amount of premiums received from policies of insurance issued in this state less return premiums and dividends paid or credited to policyholders. “Net direct written premium” does not include premiums for indemnity reinsurance accepted from other licensed insurers, and there shall be no deductions for premiums for indemnity reinsurance ceded to other insurers; and  (7) “Program” means the Market Assistance Program.
AR Code § 23-102-104 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 3 - Insurance|Chapter 102 - Arkansas Earthquake Authority Act|§ 23-102-104. Establishment of Arkansas Earthquake Authority

 (a) There is created a nonprofit legal entity to be known as the “Arkansas Earthquake Authority”. The authority shall operate subject to the supervision and control of the Board of the Arkansas Earthquake Authority. The authority is created as a political subdivision, instrumentality, and body politic of the State of Arkansas and, as such, is not a state agency.  (b) The authority shall be exempt from all state, county, and local taxes, including insurance premium taxes, the Arkansas Procurement Law, § 19-11-201 et seq., and the Arkansas Administrative Procedure Act, § 25-15-201 et seq., except to the extent defined in this chapter.
AR Code § 23-102-105 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 3 - Insurance|Chapter 102 - Arkansas Earthquake Authority Act|§ 23-102-105. Board

 (a) The Arkansas Earthquake Authority shall operate subject to the supervision and control of the Board of the Arkansas Earthquake Authority. There shall be a board of seven (7) members to be appointed by the Insurance Commissioner, which shall meet at least annually to review and prescribe operating rules. The commissioner shall apportion the number of positions into three (3) classes which shall consist of the following members:  (1) Three (3) members shall be representatives of foreign insurance companies;  (2) Two (2) members shall be representatives of domestic insurance companies;  (3) One (1) member shall be a licensed insurance agent; and  (4) One (1) member shall be a consumer.    (b) The commissioner shall appoint members by class of one-year terms, two-year terms, and three-year terms. Thereafter, at each annual meeting, members appointed to succeed those whose terms expire shall be appointed to three-year terms.  (c) The board shall elect one (1) of its members as chair.  (d) Any vacancy in the board occurring for any reason other than the expiration of a term shall be filled for the unexpired term in the same manner as the original appointment.  (e) Members of the board may be reimbursed from moneys of the authority for actual and necessary expenses incurred by them to attend board meetings but shall not otherwise be compensated for their services.
AR Code § 23-102-106 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 3 - Insurance|Chapter 102 - Arkansas Earthquake Authority Act|§ 23-102-106. Immunity and limitations on liability

 There is no liability on the part of and no cause of action of any nature may arise against any participating insurer, the Arkansas Earthquake Authority's agents or employees, the Board of the Arkansas Earthquake Authority, or the Insurance Commissioner or his or her representatives for any act or omission in the performance of their powers and duties under this chapter.
AR Code § 23-102-109 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 3 - Insurance|Chapter 102 - Arkansas Earthquake Authority Act|§ 23-102-109. Market Assistance Program

 (a) The Board of the Arkansas Earthquake Authority shall develop and implement a Market Assistance Program to assist insureds in procuring residential earthquake coverage in the voluntary market. This shall be accomplished by providing those seeking residential earthquake coverage with a list of insurers participating in the program.  (b) Insurers may participate in the program only after approval by the board. The board shall establish criteria which must be met by each program applicant for approval, including, but not limited to, the following minimum requirements:  (1) All applicants for earthquake coverage which have underlying homeowner, farmowner, or dwelling fire insurance coverage, or meet other criteria as determined by the board and approved by the Insurance Commissioner, shall be accepted;  (2) Residential earthquake coverage must be offered as monoline coverage;  (3) The insurer-applicant is in sound financial condition; and  (4) The insurer-applicant has retained or contracted with appropriate skilled personnel to service insureds.    (c) By rule, the commissioner may restructure the program criteria set forth in subsection (b) of this section or any other component of the program if the commissioner finds that the program is not substantially accomplishing its objective of assisting residential insureds in procuring earthquake coverage in the voluntary market and that the restructuring will be in the best interests of Arkansas citizens.  (d) Program insurers shall give ninety (90) days' notice in writing to the board and the commissioner of their withdrawal from the program.  (e) Notwithstanding any provision in § 23-64-514 regarding agent appointments, all licensed property and casualty agents shall be authorized to access and place coverage through a program insurer.
AR Code § 23-102-110 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 3 - Insurance|Chapter 102 - Arkansas Earthquake Authority Act|§ 23-102-110. Coverages accessible through Arkansas Earthquake Authority

 (a) As long as the Market Assistance Program has at least one (1) approved insurer, no residential earthquake coverage shall be issued by the Arkansas Earthquake Authority, except as provided in subsection (b) of this section.  (b) If there are no approved insurers in the program or if after notice and hearing, the Board of the Arkansas Earthquake Authority or the Insurance Commissioner finds that the program rates substantially exceed rates that could be offered by the authority, and the board or commissioner finds after a hearing that it is in the best interests of Arkansas citizens to issue coverage directly through the authority, and with the concurrence of the House Committee on Insurance and Commerce and the Senate Committee on Insurance and Commerce, if the General Assembly is in session, or the concurrence of the House Committee on Insurance and Commerce and the Senate Committee on Insurance and Commerce, if the General Assembly is not in session, the board shall proceed to offer coverage through the authority to potential insureds.
AR Code § 23-102-113 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 3 - Insurance|Chapter 102 - Arkansas Earthquake Authority Act|§ 23-102-113. Policy standards

 (a) The Arkansas Earthquake Authority shall offer a residential earthquake policy with dwelling coverage in amounts up to one hundred thousand dollars ($100,000).  (b) Coverage for personal property and additional living expenses shall be provided as determined by the Board of the Arkansas Earthquake Authority in the plan of operation.  (c) The applicable deductible for this coverage shall be determined by the board in the plan of operation.
AR Code § 23-102-114 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 3 - Insurance|Chapter 102 - Arkansas Earthquake Authority Act|§ 23-102-114. Notice and declination

 (a) Existing Policyholders.  (1)  (A) Insurers writing homeowner, farmowner, fire and allied lines, excluding commercial policies and crop hail, shall notify policyholders who do not maintain residential earthquake insurance or who maintain residential earthquake insurance at amounts less than one hundred percent (100%) of the insured value of the dwelling, of their potential eligibility for residential earthquake insurance through the Market Assistance Program or the Arkansas Earthquake Authority.  (B) The notice shall be on a form adopted by the Board of the Arkansas Earthquake Authority and approved by the Insurance Commissioner, and insurers shall verify to the board compliance with this provision.  (C) The notice shall be provided at such intervals and frequency to be determined by the board, but notice shall be given at a minimum of three (3) different times over a four-year interval.    (2) This notice from insurers shall not be deemed to provide earthquake coverage to existing policyholders who do not maintain a policy of residential earthquake insurance, nor shall the notice be deemed to increase the amounts of earthquake insurance for those policyholders who maintain coverage at less than one hundred percent (100%) of the insured value of the dwelling.    (b) New Policyholders.  (1) Insurers writing homeowner, farmowner, and fire and allied lines, excluding commercial policies and crop hail, shall advise new applicants for these types of coverage of the availability of residential earthquake insurance through the program or the authority, if coverage is unavailable from the insurer.  (2) At the time of application, if an applicant chooses not to purchase residential earthquake coverage through an insurer, including program participants or the authority, the applicant shall reject this coverage in writing on the application or any addendum thereto.  (3) Insurers shall maintain the application and any addendum thereto containing the rejection as part of the insurers' files.
AR Code § 23-102-115 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 3 - Insurance|Chapter 102 - Arkansas Earthquake Authority Act|§ 23-102-115. Appeal

 Any applicant for a policy, any persons insured under the Market Assistance Program or the Arkansas Earthquake Authority, and any agency or insurer affected by the program or authority may appeal to the Insurance Commissioner any ruling or decision of the Board of the Arkansas Earthquake Authority, and the commissioner may consider the appeal under a de novo standard of review.
AR Code § 23-102-116 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 3 - Insurance|Chapter 102 - Arkansas Earthquake Authority Act|§ 23-102-116. Rules

 The Insurance Commissioner is authorized to promulgate such reasonable rules as are necessary to carry out the provisions of this chapter.
AR Code § 23-102-117 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 3 - Insurance|Chapter 102 - Arkansas Earthquake Authority Act|§ 23-102-117. Federal or multistate catastrophic funds

 In the event a federal or multistate catastrophic insurance or reinsurance program intended to serve purposes similar to the purposes of the Market Assistance Program or the Arkansas Earthquake Authority is created, the Board of the Arkansas Earthquake Authority shall promptly take appropriate actions to coordinate with the federal or multistate program to the extent consistent with this chapter and if such actions are in the best interest of Arkansas citizens. The board shall also make recommendations to the General Assembly for coordination with the federal or multistate program or for termination of the program or the authority, if it is in the best interest of Arkansas citizens, or take such other actions as the board finds appropriate.
AR Code § 23-102-118 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 3 - Insurance|Chapter 102 - Arkansas Earthquake Authority Act|§ 23-102-118. Exemption from Arkansas Property and Casualty Insurance Guaranty Act

 Notwithstanding any other provision of law to the contrary, neither the Arkansas Earthquake Authority nor its policyholders shall be subject to the provisions of or be eligible for the benefits provided by the Arkansas Property and Casualty Insurance Guaranty Act, § 23-90-101 et seq.
AR Code § 23-102-119 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 3 - Insurance|Chapter 102 - Arkansas Earthquake Authority Act|§ 23-102-119. Termination of Arkansas Earthquake Authority

 Upon termination of the Arkansas Earthquake Authority by the General Assembly or the Insurance Commissioner, its remaining funds shall be transferred to the State Insurance Department Trust Fund unless otherwise directed by the General Assembly.
AR Code § 23-116-101 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 4 - Miscellaneous Regulated Industries|Chapter 116 - Paid Fantasy Sports Games|§ 23-116-101. Legislative findings

 (a) The General Assembly finds that a paid fantasy sports game conducted in compliance with this chapter does not constitute gambling for any purpose.  (b) Paid fantasy sports games conducted in compliance with this chapter are exempt from § 5-66-101 et seq.
AR Code § 23-116-103 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 4 - Miscellaneous Regulated Industries|Chapter 116 - Paid Fantasy Sports Games|§ 23-116-103. Paid fantasy sports games authorized

 A game operator is authorized to conduct paid fantasy sports games through one (1) or more websites or platforms maintained and operated by the game operator.
AR Code § 23-116-104 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 4 - Miscellaneous Regulated Industries|Chapter 116 - Paid Fantasy Sports Games|§ 23-116-104. Tax on paid fantasy sports games

 (a) A game operator shall pay a tax for the privilege of conducting paid fantasy sports games under this chapter in an amount of eight percent (8%) of the game operator's gross paid fantasy sports game revenues from the previous state fiscal year.  (b) The special privilege tax levied in subsection (a) of this section shall be:  (1) Reported and remitted to the Department of Finance and Administration on a quarterly basis through the Arkansas Taxpayer Access Point or its successor on forms prescribed by the Secretary of the Department of Finance and Administration; and  (2) Subject to the Arkansas Tax Procedure Act, § 26-18-101 et seq.    (c) The secretary shall promulgate rules to administer the tax levied under this section.
AR Code § 23-117-101 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 4 - Miscellaneous Regulated Industries|Chapter 117 - Casino Gaming|§ 23-117-101. Letter of support for casino applicant

 (a) Pursuant to The Arkansas Casino Gaming Amendment of 2018, Arkansas Constitution, Amendment 100, the Arkansas Racing Commission shall require a casino applicant for a casino license in Pope County and Jefferson County to submit:  (1) Either a letter of support from the county judge or a resolution from the quorum court in the county where the proposed casino is to be located; and  (2) If the proposed casino is to be located within a city or town, a letter of support from the mayor in the city or town where the proposed casino is to be located.    (b) A letter of support from the county judge or a resolution of support from the quorum court, and from the mayor, if appropriate, required under subsection (a) of this section shall be dated and signed by the county judge, quorum court, or mayor holding office at the time of the submission of an application for a casino license.
AR Code § 24-1-101 (2020)
2020 Arkansas Code|Title 24 - Retirement And Pensions|Chapter 1 - General Provisions|Subchapter 1 - General Provisions|§ 24-1-101. Assets and income for retirement systems

 All assets and income of any state-supported retirement system administered by an agency of the State of Arkansas shall be held, invested, or disbursed for the exclusive purpose of providing for benefits, investment management, and administrative expenses, including the acquisition of a building for the permanent offices of the state-supported retirement systems, and shall not be encumbered for or diverted to any other purposes.
AR Code § 24-1-102 (2020)
2020 Arkansas Code|Title 24 - Retirement And Pensions|Chapter 1 - General Provisions|Subchapter 1 - General Provisions|§ 24-1-102. Annual valuation

 (a) Annually, each Arkansas state-supported retirement system shall make a valuation of each system's assets and incomes for the system.  (b) Actuarial assumptions and methods which are used for the annual valuation of each Arkansas state-supported retirement system shall be set by each system's board based upon the recommendations made by the board's actuary and agreed upon by the actuary employed by the Joint Committee on Public Retirement and Social Security Programs or other actuary employed by the General Assembly to review public retirement system legislation.  (c) If the board's actuary and the actuary employed by the General Assembly do not agree as to the actuarial assumptions and methods used to calculate the system's valuation, then a third actuary shall be selected mutually between the actuaries, and the third actuary shall determine the actuarial assumptions and methods to be used.  (d) The actuarial assumptions and methods shall include the actuarial funding method, the method of valuing assets, and similar actuarial matters involved in the actuarial valuation.
AR Code § 24-1-103 (2020)
2020 Arkansas Code|Title 24 - Retirement And Pensions|Chapter 1 - General Provisions|Subchapter 1 - General Provisions|§ 24-1-103. Change of contribution rate

 No contribution rate of any state-supported retirement system in effect on March 14, 1995, shall be changed except by a vote of the General Assembly.
AR Code § 24-1-104 (2020)
2020 Arkansas Code|Title 24 - Retirement And Pensions|Chapter 1 - General Provisions|Subchapter 1 - General Provisions|§ 24-1-104. Liabilities not to exceed thirty-year amortization

 No legislated benefit enhancement shall be enacted which would cause the system's unfunded accrued actuarial liabilities to exceed a thirty-year amortization.
AR Code § 24-1-105 (2020)
2020 Arkansas Code|Title 24 - Retirement And Pensions|Chapter 1 - General Provisions|Subchapter 1 - General Provisions|§ 24-1-105. Liabilities exceeding thirty-year amortization period — Legislated benefit enhancement prohibited

 When any retirement system on or after March 14, 1995, has unfunded actuarial accrued liabilities being amortized over a period exceeding thirty (30) years, that system shall not have a legislated benefit enhancement until the unfunded actuarial accrued liability is reduced to a level less than the standards set by this subchapter.