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2017 Arkansas Code
Title 23 - Public Utilities and Regulated Industries
Subtitle 3 - Insurance
Chapter 63 - Insurance Companies Generally
Subchapter 8 - Investments
§ 23-63-837. Property and facilities for fossil or synthetic fuel production
Universal Citation: AR Code § 23-63-837 (2017)
- (a) An insurer may invest in property and facilities, and any interests and rights in properties and facilities, for the development and production of fossil or synthetic fuel or other minerals, including, but not limited to, investments relating to:
- (1) The exploration for and development and production of those fuels and minerals; and
- (2) Ownership and control of the property, facilities, interests, and rights.
- (b) Investment in property and facilities, and any interests and rights in the properties and facilities for the development and production of fossil or synthetic fuel or other minerals under this section shall not exceed two percent (2%) of the insurer's assets.
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