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2010 Arkansas Code
Title 23 - Public Utilities and Regulated Industries
Subtitle 3 - Insurance
Chapter 101 - Creditor-Placed Insurance
§ 23-101-101 - Purpose.

23-101-101. Purpose.

The purposes of this chapter are to:

(1) Promote the public welfare by regulating creditor-placed insurance;

(2) Create a legal framework within which creditor-placed insurance may be written in this state; and

(3) Minimize unfair competitive practices in the sale of creditor-placed insurance.

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