reglab/housing_qa huggingface dataset:
AR Code § 23-91-214 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 3 - Insurance|Chapter 91 - PrePaid Legal Insurance|Subchapter 2 - Arkansas Legal Insurance Act|§ 23-91-214. Management and exclusive agency contracts

 (a) No insurer may enter into any exclusive agency contract or management contract unless the contract is first filed with the Insurance Commissioner and not disapproved under this section within thirty (30) days after filing or after such reasonable extended period as the commissioner may specify by notice given within the thirty (30) days.  (b) The commissioner shall disapprove a contract under subsection (a) of this section if the commissioner finds that:  (1) It subjects the insurer to excessive charges;  (2) The contract extends for an unreasonable period of time;  (3) The contract does not contain fair and adequate standards of performance;  (4) The persons empowered under the contract to manage the insurer are not sufficiently trustworthy, competent, experienced, and free from conflict of interest to manage the insurer with due regard for the interests of its insureds, creditors, or the public; or  (5) The contract contains provisions which impair the interests of the insurer's insureds or creditors of the public in this state.
AR Code § 23-91-215 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 3 - Insurance|Chapter 91 - PrePaid Legal Insurance|Subchapter 2 - Arkansas Legal Insurance Act|§ 23-91-215. Annual report

 Each insurer shall annually, on or before March 1, file with the Insurance Commissioner a report verified by at least two (2) principal officers. The report shall be on forms prescribed by the commissioner and shall include:   (1) A financial statement of the insurer's legal insurance business including:  (A) Its balance sheet; and  (B) Its receipts and disbursements for the preceding year;    (2) Any material changes in the information submitted pursuant to § 23-91-209;  (3) Such information about the number of persons protected and terminated as may be prescribed by the commissioner; and  (4) Such other information relating to the performance of the insurer as is necessary to enable the commissioner to carry out his or her duties under this subchapter.
AR Code § 23-91-216 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 3 - Insurance|Chapter 91 - PrePaid Legal Insurance|Subchapter 2 - Arkansas Legal Insurance Act|§ 23-91-216. Reserves required

 An insurer must maintain the reserves necessary for the sound operation of the business including unearned premium reserves, and the amount and manner of calculating these reserves shall be determined by the provisions of § 23-63-601 et seq.
AR Code § 23-91-217 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 3 - Insurance|Chapter 91 - PrePaid Legal Insurance|Subchapter 2 - Arkansas Legal Insurance Act|§ 23-91-217. Investment of assets

 The investable funds generated through the transaction of the business of legal insurance by persons who are not licensed to transact other lines of insurance shall be invested in securities or other investments permitted by the laws of this state for the investment of assets of life insurers or in such other securities or investments as the Insurance Commissioner shall permit.
AR Code § 23-91-218 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 3 - Insurance|Chapter 91 - PrePaid Legal Insurance|Subchapter 2 - Arkansas Legal Insurance Act|§ 23-91-218. Trade practices

 The Trade Practices Act, § 23-66-201 et seq., and §§ 23-66-301 — 23-66-314 and 23-66-316 apply to persons transacting the business of legal insurance except as is inconsistent with this subchapter.
AR Code § 23-91-219 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 3 - Insurance|Chapter 91 - PrePaid Legal Insurance|Subchapter 2 - Arkansas Legal Insurance Act|§ 23-91-219. Licensing of agents

 (a) Agents shall be licensed in accordance with such provisions as the Insurance Commissioner in his or her discretion deems applicable under § 23-64-101 et seq., §§ 23-64-201 — 23-64-205, 23-64-207, 23-64-209, 23-64-210, 23-64-214 — 23-64-221, 23-64-223 — 23-64-227, and the Producer Licensing Model Act, § 23-64-501 et seq.  (b) The commissioner may develop and administer to license applicants such examination as he or she deems appropriate.
AR Code § 23-91-220 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 3 - Insurance|Chapter 91 - PrePaid Legal Insurance|Subchapter 2 - Arkansas Legal Insurance Act|§ 23-91-220. Examination of insurer's affairs

 (a) The Insurance Commissioner shall make an examination of the affairs of any insurer as often as the commissioner deems it necessary for the protection of the interests of the people of this state.  (b) The following sections shall apply to examinations conducted pursuant to subsection (a) of this section:  (1) Examination of managers and promoters, § 23-61-202;  (2) Examiners, § 23-61-203;  (3) Examination — Records and appraisals, § 23-61-204;  (4) Examination reports, § 23-61-205; and  (5) Examination expense, § 23-61-206.
AR Code § 23-91-221 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 3 - Insurance|Chapter 91 - PrePaid Legal Insurance|Subchapter 2 - Arkansas Legal Insurance Act|§ 23-91-221. Professional ethics

 The Insurance Commissioner shall report to the Attorney General for reference to the Supreme Court any information which the commissioner considers to be of substance and of possible violation of the Arkansas Rules of Professional Conduct as adopted by the Supreme Court.
AR Code § 23-91-222 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 3 - Insurance|Chapter 91 - PrePaid Legal Insurance|Subchapter 2 - Arkansas Legal Insurance Act|§ 23-91-222. Revocation of certificate of authority

 The Insurance Commissioner may suspend, revoke, or refuse to renew any certificate of authority issued to a person transacting the business of legal insurance under this subchapter pursuant to and consistent with the relevant provisions of §§ 23-63-212 — 23-63-215.
AR Code § 23-91-223 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 3 - Insurance|Chapter 91 - PrePaid Legal Insurance|Subchapter 2 - Arkansas Legal Insurance Act|§ 23-91-223. Rehabilitation and liquidation

 The relevant provisions of §§ 23-68-101 — 23-68-113 and 23-68-115 — 23-68-132 shall apply to a person transacting the business of legal insurance under the provisions of this subchapter.
AR Code § 23-91-224 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 3 - Insurance|Chapter 91 - PrePaid Legal Insurance|Subchapter 2 - Arkansas Legal Insurance Act|§ 23-91-224. Authority to promulgate rules

 The Insurance Commissioner may promulgate such reasonable rules as are necessary or proper to carry out the provisions of this subchapter.
AR Code § 23-91-225 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 3 - Insurance|Chapter 91 - PrePaid Legal Insurance|Subchapter 2 - Arkansas Legal Insurance Act|§ 23-91-225. Fees

 Every person subject to this subchapter shall pay to the Insurance Commissioner the fees required by the applicable and relevant provisions of § 23-61-401.
AR Code § 23-91-226 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 3 - Insurance|Chapter 91 - PrePaid Legal Insurance|Subchapter 2 - Arkansas Legal Insurance Act|§ 23-91-226. Taxation

 (a) Taxation on legal insurance premiums shall be fixed at the rate of two and one-half percent (2.5%) of direct written premium income in Arkansas, after deduction for dividends paid to policyholders and returned premiums, and shall be due and payable in estimated quarterly installments and reconciled annually at the time of filing the insurer's annual report as required by § 23-91-215.  (b) The Insurance Commissioner shall deposit all premium taxes collected under this section in the State Treasury as general revenues.
AR Code § 23-91-227 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 3 - Insurance|Chapter 91 - PrePaid Legal Insurance|Subchapter 2 - Arkansas Legal Insurance Act|§ 23-91-227. Public documents

 All applications, filings, and reports required under this subchapter shall be treated as public documents.
AR Code § 23-92-201 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 3 - Insurance|Chapter 92 - Multiple Employer Trusts And Self-insured Plans|Subchapter 2 - Third-Party Administrators|§ 23-92-201. Definition

 As used in this subchapter, “third-party administrator”:   (1) Means a person, firm, or partnership that collects or charges premiums from or adjusts or settles claims on residents of this state in connection with life or accident and health coverage provided by a self-insured plan or a multiple-employer trust or multiple-employer-welfare arrangement;  (2) Includes an administrative-services-only contract offered by insurers and health maintenance organizations; and  (3) Does not include:  (A) An employer, for its employees or for the employees of a subsidiary or affiliated corporation of the employer;  (B) A union, for its members;  (C) An insurer or health maintenance organization licensed to do business in this state;  (D) A creditor, for its debtors, regarding insurance covering a debt between the creditor and its debtors;  (E) A credit-card-issuing company that advances for, or collects premiums or charges from, its credit card holders, as long as that company does not adjust or settle claims;  (F) An individual who adjusts or settles claims in the normal course of his or her practice or employment and who does not collect charges or premiums in connection with life or accident and health coverage; or  (G) An agency licensed by the Insurance Commissioner and performing duties pursuant to an agency contract with an insurer authorized to do business in this state.
AR Code § 23-92-202 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 3 - Insurance|Chapter 92 - Multiple Employer Trusts And Self-insured Plans|Subchapter 2 - Third-Party Administrators|§ 23-92-202. Written agreement required

 A third-party administrator may act in that capacity only if he or she has a written agreement with a self-insured plan or trust. The agreement shall be maintained by the third-party administrator and subject to review by the Insurance Commissioner.
AR Code § 23-92-203 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 3 - Insurance|Chapter 92 - Multiple Employer Trusts And Self-insured Plans|Subchapter 2 - Third-Party Administrators|§ 23-92-203. Certificate of registration

 (a) No person shall act or hold himself or herself out as an administrator unless he or she obtains a certificate of registration from the Insurance Commissioner.  (b) The certificate may be obtained by submitting an application on a form prescribed by the commissioner, paying a twenty-five dollar ($25.00) filing fee, and placing with the commissioner a surety bond as described in § 23-92-204.  (c) Each application shall have attached to it a list of all self-insured plans and trusts that have entered into service contracts with the applicant for administrative services. Every administrator shall update the list whenever changes occur.  (d) The certificate shall be issued by the commissioner unless, after a hearing, the commissioner determines that the applicant is:  (1) Not competent;  (2) Not trustworthy;  (3) Not financially responsible; or  (4) A convicted felon.    (e) Each certificate of registration shall be valid for the year issued and shall be renewed each year thereafter by submitting a twenty-five dollar ($25.00) annual fee.  (f) After conducting a hearing and finding that an administrator has violated any of the requirements of this subchapter or fails to meet the requirements for the issuance of a certificate, the commissioner may revoke or suspend the certificate of registration.(g) The provisions in this chapter establishing standards applicable to a third-party administrator under subsection (d) of this section or fiduciary standards under § 23-92-206 do not authorize the commissioner to regulate the actions of a third-party administrator if the actions are authorized or required under its administration of a self-insured plan or trust, or apply or enforce other insurance code provisions, rules, or other state laws, through such standards, for purposes of revocation or suspension of a third-party administrator's certificate.
AR Code § 23-92-204 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 3 - Insurance|Chapter 92 - Multiple Employer Trusts And Self-insured Plans|Subchapter 2 - Third-Party Administrators|§ 23-92-204. Bond required — Exceptions

 (a) Every applicant for a certificate of registration shall file with the application, and shall thereafter maintain in force while operating under the registration, a bond in favor of the people of the State of Arkansas executed by an authorized insurer. The bond shall have a total aggregate liability of twenty-five thousand dollars ($25,000). The bond shall be conditioned upon the full accounting and due payment to the person entitled thereto of any funds coming into the possession of the administrator.  (b) The bond shall remain in force until released by the Insurance Commissioner, or until cancelled by the surety. Without prejudice to any liability previously incurred thereunder, the surety may cancel the bond on thirty (30) days' advance written notice to both the administrator and the commissioner.  (c) Any applicant for a certificate of registration or for a renewal of a certificate shall not be required to post a bond pursuant to subsection (a) of this section if the applicant operates only pursuant to an administrative services agreement and does not collect, receive, or remit funds on the behalf of insureds.
AR Code § 23-92-205 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 3 - Insurance|Chapter 92 - Multiple Employer Trusts And Self-insured Plans|Subchapter 2 - Third-Party Administrators|§ 23-92-205. Payments to administrator — Presumptions

 (a) When a self-insured plan or a trust utilizes the services of an administrator, the payment of premiums or charges to the administrator by the covered individual are presumed to have been received by the self-insured plan or trust.  (b) The payment of claims or the return of premiums to the administrator are not presumed to have been paid to the covered individual or claimant until the payment is received by the covered individual or claimant.
AR Code § 23-92-206 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 3 - Insurance|Chapter 92 - Multiple Employer Trusts And Self-insured Plans|Subchapter 2 - Third-Party Administrators|§ 23-92-206. Collection of premiums, etc. — Deposits and withdrawals

 (a) An administrator is a fiduciary in collecting or returning premiums or charges for the party with whom it has a written agreement for administrative services.  (b) Funds collected by the administrator shall be immediately remitted to the person entitled to the funds or deposited in a separately identifiable bank account which shall be established and maintained by the administrator.  (c) The administrator shall maintain records clearly showing the deposits and withdrawals from the separately identifiable bank account for each party with whom it has a written agreement for administrative services. The administrator shall furnish to the party, upon his or her request, copies of the required records.  (d) Subject to the written agreement required by § 23-92-202, withdrawals from the bank account shall be made only for the following:  (1) Remittance to a plan or trust entitled to the funds;  (2) Deposit in an account maintained in the name of the party with whom the administrator has a written agreement;  (3) Transfer to and deposit in a claims-paying account;  (4) Payment to the administrator for its commission, fees, or charges;  (5) Remittance of return premiums to the person entitled to the funds; or  (6) Payment of funds for premiums of reinsurance or pursuant to the provisions of any other contract entered into by the trust or plan.    (e) This section does not apply to a third-party administrator as defined in § 23-92-201.
AR Code § 23-92-207 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 3 - Insurance|Chapter 92 - Multiple Employer Trusts And Self-insured Plans|Subchapter 2 - Third-Party Administrators|§ 23-92-207. Books and records

 (a) Every administrator shall maintain at its principal administrative office for the duration of the written agreement referred to in § 23-92-202 and five (5) years thereafter adequate books and records of all transactions between it, self-insured plans, trusts, and covered individuals. These books and records shall be maintained in accordance with prudent standards of insurance recordkeeping.  (b) The Insurance Commissioner shall have access to the books and records for the purpose of examination, audit, and inspection.  (c) Any trade secrets contained therein, including, but not limited to, the identity and addresses of plans and trusts, shall be confidential, except that the commissioner may use the information in any proceedings instituted against the administrator.
AR Code § 23-92-208 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 3 - Insurance|Chapter 92 - Multiple Employer Trusts And Self-insured Plans|Subchapter 2 - Third-Party Administrators|§ 23-92-208. Compensation

 The compensation for an administrator may be based on:   (1) Premiums or charges collected;  (2) The number of claims paid or processed; or  (3) Some other fair and equitable basis provided by the contract.
AR Code § 23-92-401 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 3 - Insurance|Chapter 92 - Multiple Employer Trusts And Self-insured Plans|Subchapter 4 - Arkansas Professional Employer Organization Recognition and Licensing Act|§ 23-92-401. Title

 This subchapter may be cited as the “Arkansas Professional Employer Organization Recognition and Licensing Act”.
AR Code § 23-92-407 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 3 - Insurance|Chapter 92 - Multiple Employer Trusts And Self-insured Plans|Subchapter 4 - Arkansas Professional Employer Organization Recognition and Licensing Act|§ 23-92-407. Fees

 (a) Upon filing an initial licensing statement under this subchapter, a professional employer organization shall pay an initial licensing fee of one thousand dollars ($1,000).  (b) Upon each biennial renewal of a licensing statement filed under this subchapter, a professional employer organization shall pay a renewal fee of one thousand dollars ($1,000).  (c) Each professional employer organization exempt from licensing under the terms of this subchapter shall pay an exemption fee in the amount of fifty dollars ($50.00) upon initial application for exemption and upon each biennial renewal of the exemption.  (d) Upon the filing of each request for a change in ownership or controlling person filed under this subchapter, a professional employer organization shall pay a change-in-ownership fee of five hundred dollars ($500).  (e) By rule, the Insurance Commissioner may increase, decrease, or eliminate any fee provided for in this section, but no fee provided for in this section shall ever exceed five thousand dollars ($5,000).
AR Code § 23-92-410 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 3 - Insurance|Chapter 92 - Multiple Employer Trusts And Self-insured Plans|Subchapter 4 - Arkansas Professional Employer Organization Recognition and Licensing Act|§ 23-92-410. Issuance, refusal, suspension, or revocation of license — Grounds and procedure

 (a) The Insurance Commissioner shall issue a license as a professional employer organization to any person who qualifies for the license under the terms of this subchapter.  (b) In addition, the commissioner may refuse to issue a license to any person, may suspend or revoke the license of any professional employer organization, or impose administrative fines as provided for in this subchapter when the commissioner finds:  (1) That the licensee or applicant has violated any of the provisions of this subchapter, the rules or other orders lawfully promulgated by the commissioner, or the conditions of financial assurances required by this subchapter;  (2) That the licensee or applicant has engaged in a fraudulent, deceptive, or dishonest practice; or  (3) For good and sufficient cause, that the licensee or applicant is unfit to be a professional employer organization within the meaning of this subchapter or of any of the rules or orders lawfully promulgated by the commissioner.    (c) The commissioner may not refuse to issue a license or suspend or revoke a license unless he or she furnishes the professional employer organization with a written statement of the charges against it and affords it an opportunity to be heard on the charges.