Trust fund deposit required
Arkansas Code § 23-61-108; Arkansas Code § 23-61-703; Arkansas Code § 23-61-706; Arkansas Code § 23-61-708; Arkansas Code § 23-61-709; Arkansas Code § 23-91-206
(a)
- (1) All fees imposed pursuant to this part shall be due and payable to the "STATE INSURANCE DEPARTMENT TRUST FUND".
- (2) Fees paid pursuant to this part shall, whenever possible, be directed to the specific division of the State Insurance Department handling the filing or as otherwise directed by the department.
(b)
(1) Except those fees required by 23 CAR § 22-105, all of the fees required by this part shall be payable by:
- (A) Company, agent, or agency checks;
- (B) Personal, certified, or cashier’s checks;
- (C) Cash; or
- (D) Money orders.
- (2) As noted above, where both the current Arkansas Code and this part require a fee as to the same product, filing, or service, both may be combined in one (1) payment payable to "THE STATE INSURANCE DEPARTMENT TRUST FUND".