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Single-state exemption.

Ark. Code Ann. § 23-84-119
in effect
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(a) The Insurance Commissioner may exempt specific product forms or product lines of a domestic company that is licensed and doing business only in this state from the requirements of §§ 23-84-115 — 23-84-117 if: (1) The commissioner has issued a written exemption to the company and has not subsequently revoked the exemption in writing; and (2) The company computes reserves using assumptions and methods used before the operative date of the valuation manual in addition to any requirements established by the commissioner. (b) If a company is granted an exemption under subsection (a) of this section: (1) Sections 23-84-103 — 23-84-114 apply to the company; and (2) Any reference to § 23-84-115 found in §§ 23-84-103 — 23-84-112 and 23-84-114 do not apply to the company.
Source: Arkansas General Assembly, Acts of 2021-2026 (arkleg.state.ar.us)URL: https://arkleg.state.ar.us/Acts/FTPDocument?path=%2FACTS%2F2023R%2FPublic%2F&file=469.pdf&ddBienniumSession=2023%2F2023RFetched: 11/8/2026

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