§ 6-17-1115 - Group disability insurance for independent school districts. - Arkansas Statutes

6-17-1115. Group disability insurance for independent school districts.

(a) The employees of any independent school district may be insured under a group disability insurance policy issued to any independent school district to insure the employees of any independent school district for the benefit of the employees of any independent school district subject to the following requirements:

(1) The employees eligible for insurance under the group disability insurance policy shall all be employees of the school district or all of any class determined by conditions pertaining to their employment;

(2) The premium for the policy shall be paid by the policyholder from funds contributed wholly by the insured employees, except that:

(A) The employer may deduct from the employees' salaries the required contributions for the premiums when authorized in writing by the respective employees to do so; and

(B) The premium for the policy may be paid for the policyholder wholly or partly from funds of the school district.

(b) As used in this section, "group disability insurance" shall be defined by 23-86-106.