§ 23-63-513 - Control of or merger with domestic insurer -- Violations. - Arkansas Statutes

23-63-513. Control of or merger with domestic insurer -- Violations.

The following shall be violations of 23-63-506 -- 23-63-513:

(1) The failure to file any statement, amendment, or other materials required to be filed pursuant to 23-63-506 or 23-63-508; or

(2) The effectuation or any attempt to effectuate an acquisition of control of, or merger with, a domestic insurer unless the Insurance Commissioner has given his or her approval thereto.