§ 6-21-702 - Purpose. - Arkansas Statutes

6-21-702. Purpose.

(a) This subchapter is to establish and maintain a system of motor vehicle insurance for all public elementary and secondary schools, education cooperatives, and open-enrollment public charter schools of Arkansas electing to participate in the program from and after July 1, 1991, with the Division of Risk Management of the State Insurance Department authorized, directed, and empowered to administer the program.

(b) The State Insurance Department shall adopt such rules and regulations as may be necessary to provide for the insuring of motor vehicles owned by participating public school districts within the State of Arkansas.