Definitions.
Ark. Code Ann. § 25-35-102
in effectFor the purposes of this chapter:
(1) “Annual aggregate deductible” means the maximum amount payable annually from the Arkansas Multi-Agency Insurance Trust Fund for covered losses;
(2) "Risk manager" means the Administrator of the Risk Management Division of the State Insurance Department;
(3) "State agency" means any state agency, board, bureau, commission, council, department, institution, or other similar entity; and
(4) "Trust fund" means the Arkansas Multi-Agency Insurance Trust Fund.
Source: Arkansas General Assembly, Acts of 2021-2026 (arkleg.state.ar.us)URL: https://arkleg.state.ar.us/Acts/FTPDocument?path=%2FACTS%2F2025R%2FPublic%2F&file=779.pdf&ddBienniumSession=2025%2F2025RFetched: 11/8/2026