(a)

1. (1) The purpose of this part is to clarify existing legislation regarding surplus lines insurance in order to provide clear guidance to originating producers and brokers and surplus line brokers in Arkansas licensed under the Surplus Lines Insurance Law, Arkansas Code § 23-65-301 et seq.
2. (2) This part provides direction regarding forms and documents necessary for proper reporting and accounting on property, casualty, surety, and marine insurance issued by surplus line insurers through surplus line brokers.

(b)

1. (1) Forms SL-2, SL-3, and SL-4 referenced herein are available on the State Insurance Department's website at https://www.insurance.arkansas.gov/industry-regulation/accounting/.
2. (2) At the discretion of the Insurance Commissioner, the forms may be accepted in electronic format.