Ark. Code Ann. § 23-61-401 (2020)

The Insurance Commissioner shall collect annually or biennially as prescribed by rule of the commissioner and pay to the Treasurer of State the following fees, licenses, and miscellaneous charges:

1. Admission fees: (A) Filing and reviewing all documents necessary for issuance of certificate of incorporation for domestic companies $100.00 (B) Issuance of an original certificate of incorporation for domestic companies 50.00 (C) Reviewing all documents necessary for issuance of original certificate of authority 500.00 (D) Issuance of original certificate of authority for all companies 150.00 (E) Issuance of original license for rate service organiza- tions and employer service assurance organizations 500.00 (F) Filing and reviewing all documents of a nonadmitted company seeking to be placed on the “approved” list for the writing of surplus lines insurance 500.00 (2) Annual renewal fees: (A) Filing an annual statement for all companies 50.00 (B) Renewal of a certificate of authority for all companies 100.00 (C) Rate service organizations and employer service as- surance organizations, annual continuation of license 100.00 (3) Other miscellaneous fees: (A) Amendment to articles of incorporation 25.00 (B) Reinstatement of certificate of authority 50.00 (C) Amending an existing certificate of authority 100.00 (4) Agent's license for resident agents: (A) Property, casualty, surety agents: Original issuance of each license 15.00 Annual continuation of appointment, each insurer 10.00 Appointment of agent by insurer, each insurer 10.00 (B) Life and accident and health insurance agents: Appointment of agent by insurer, each insurer 10.00 Annual continuation of appointment, each insurer 10.00 (C) Each vending machine licensed under § 23-64-221 , each year 10.00 (5) Broker's license for resident brokers: (A) Original license 30.00 (B) Annual continuation of license 30.00 (6) Nonresident broker (corporate) license: (A) Original license 30.00 (B) Annual continuation of license 30.00 (7) Nonresident broker license: (A) Original license 30.00 (B) Annual continuation of license 30.00 (8) Nonresident agent license fees: As established by rule of the commissioner (9) Temporary license: (A) As resident agent 10.00 (B) As resident broker 25.00 (10) Examination for agent or broker license: (A) Filing application for examination for agent or broker 10.00 (B) Filing application for reexamination for agent or broker 5.00 (11) Surplus line broker license: (A) Original license, individual 1,000.00 (B) Original license, firms and corporations plus one (1) qualifying individual 1,000.00 (C) Each additional individual 100.00 (D) Annual continuation of license 25.00 (12) Adjuster's license, each year 25.00 (13) Consultants: (A) Original license 25.00 (B) Annual renewal 25.00 (14) Miscellaneous services: (A) For copies of documents and records on file in State Insurance Department, per page 0.25 (B) For each certificate of the commissioner other than certificates of authority 5.00

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History. Acts 1959, No. 148, § 68; 1965, No. 95, § 1; 1975, No. 729, § 3; 1977, No. 789, § 3; 1979, No. 942, §§ 9, 10; 1981, No. 809, § 1; 1983, No. 522, § 3; 1985, No. 804, §§ 22-25; A.S.A. 1947, § 66-2301; Acts 1987, No. 456, § 8; 1987, No. 927, § 1; 1999, No. 118, § 1; 1999, No. 384, §§ 1, 2; 2001, No. 1603, § 1; 2003, No. 1750, §§ 3[2], 4[3]; 2009, No. 726, §§ 7, 8.

Publisher's Notes. Acts 1983, No. 522, § 51, provided, in part, that the act would be cumulative of prior laws, and that no prior law or part of a law would be deemed in conflict with the act unless failure to do so would prevent giving effect to an explicit provision of the act.

Acts 1985, No. 804, § 32, provided, in part, that the act would be cumulative of prior laws, and that no prior law or part of a law would be deemed to be in conflict with the act unless failure to do so would prevent giving effect to an explicit provision of the act.

Acts 2003, No. 1750 did not contain a Section 2.

Amendments. The 2009 amendment rewrote the introductory language of the section; and in (8), substituted “Nonresident agent license fees: As established by rule of the commissioner” for “Nonresident agent license” in the introductory language and deleted (8)(A) through (8)(F), which listed the former fees.