Ark. Code Ann. » Title 23 Chapter 64
Arkansas Code Annotated

Ark. Code Ann. § 23-64-203 (2026)

Testing, emergency suspension, and records

✓ current as of May 2026
Find cases: SyfertCases citing this section JustiaArk. Code CornellLII Search CasesGoogle Scholar
  1. The Insurance Commissioner shall prescribe the form and content of all examinations required by this chapter and shall include therein questions calculated to determine the applicant's knowledge of the laws of this state and the regulations of the commissioner relative to those areas of licensure.
  2. Upon receipt of the notice from any insurance company pursuant to § 23-64-515(a), if the commissioner determines after investigation that the dismissal was for any of the reasons described in § 23-64-512, the commissioner shall immediately suspend the license of the licensee pending a hearing on the matter.
    1. The commissioner shall maintain information on each licensee in this state. A complete record of all information furnished the commissioner regarding the conduct of any licensee in this state shall be maintained for a reasonable period of time as determined by the commissioner.
    2. If the commissioner receives information from any insurance company or from any other person about acts of fraud by a licensee, or about misrepresentations of the terms and provisions of any insurance policy by the licensee, the commissioner shall transmit that information plus any other information discovered in an investigation by the commissioner to the proper authorities for legal action against the agent as authorized by the laws of this state.
  4. The provisions of this subsection shall be supplemental to and shall not repeal any existing laws on the same subject.

History. Acts 1959, No. 148, § 154; 1967, No. 33, § 1; 1983, No. 522, § 12; 1983, No. 534, §§ 2, 4, 5; 1985, No. 307, § 1; A.S.A. 1947, §§ 66-2811, 66-2811.2, 66-2811.3, 66-2838; Acts 1987, No. 622, § 2; 1993, No. 901, §§ 17-20; 1997, No. 1004, § 1; 2001, No. 580, § 7.

Publisher's Notes. For cumulative effect of Acts 1983, No. 522, see Publisher's Notes to § 23-64-202.

Acts 1983, No. 534, § 6, provided that the provisions of subdivision (a)(7)(A) of this section should be implemented and effective as to all applicants for licenses as insurance agents, brokers, and solicitors under the act beginning January 1, 1984.

This section was formerly codified as § 23-64-204. Former § 23-64-203 has been renumbered as § 23-64-202.

Case Notes

Constitutionality.

Statutes requiring license to be an insurance agent are constitutional. Dunn v. Phoenix Village, Inc., 213 F. Supp. 936 (W.D. Ark. 1963).

Continuation of Licenses.

When a state-chartered bank sold the grandfathered division of its business of selling of full-line insurance policies, that insurance division lost its grandfathered license when it merged with the buyer. Arkansas Bank & Trust Co. v. Douglass, 318 Ark. 457, 885 S.W.2d 863 (1994).

Contracts.

Any contract entered into by an unlicensed agent is void and unenforceable even though the statute does not expressly declare such contracts to be void. Dunn v. Phoenix Village, Inc., 213 F. Supp. 936 (W.D. Ark. 1963).

Reputation.

Insurance salesman who was convicted of harassing communications was not issued a license, because one criterion for issuance of an agent's license is a “good personal and business reputation.” Wacaser v. Insurance Comm'r, 321 Ark. 143, 900 S.W.2d 191 (1995).

Notes of Decisions
Cited in 3 cases, 1994–2002 · leading case: Arkansas Bank & Trust Co. v. Douglass, 885 S.W.2d 863 (Ark. 1994).
Sort: Relevance Newest Treatment
Arkansas Bank & Trust Co. v. Douglass, 885 S.W.2d 863 (Ark. 1994). · cites it 80× “] It is equally clear when reading A.C.A. § 23-64-203 as a whole, and consistent with the purposes expressly set forth, that the Commissioner must view this entire area of banking and insurance relationships conservatively and with a leaning toward restricting rather than…”
Dalrymple v. Dalrymple, 47 S.W.3d 920 (Ark. Ct. App. 2001). · cites it 4× “See Ark.Code Ann. § 23-64-203 (Supp. 1999). Appellee failed to establish entitlement to the residuals from the sale of the policies in the corporation.”
Ronnie D. Gosney v. Reliable Life Ins. (8th Cir. 2002). “Ark. Code Ann. § 23-64-203 (c)(2)(A) (2001) ("If the employment or appointment of any insurance agent is terminated by an insurance company because of .”
— Ark. Code Ann. § 23-64-203(a) — 1 case
Arkansas Bank & Trust Co. v. Douglass, 885 S.W.2d 863 (Ark. 1994). “] It is equally clear when reading A.C.A. § 23-64-203 as a whole, and consistent with the purposes expressly set forth, that the Commissioner must view this entire area of banking and insurance relationships conservatively and with a leaning toward restricting rather than…”
— Ark. Code Ann. § 23-64-203(b) — 1 case
Arkansas Bank & Trust Co. v. Douglass, 885 S.W.2d 863 (Ark. 1994). “] It is equally clear when reading A.C.A. § 23-64-203 as a whole, and consistent with the purposes expressly set forth, that the Commissioner must view this entire area of banking and insurance relationships conservatively and with a leaning toward restricting rather than…”
— Ark. Code Ann. § 23-64-203(b)(1) — 1 case
Arkansas Bank & Trust Co. v. Douglass, 885 S.W.2d 863 (Ark. 1994). “] It is equally clear when reading A.C.A. § 23-64-203 as a whole, and consistent with the purposes expressly set forth, that the Commissioner must view this entire area of banking and insurance relationships conservatively and with a leaning toward restricting rather than…”
— Ark. Code Ann. § 23-64-203(b)(1)(A) — 1 case
Arkansas Bank & Trust Co. v. Douglass, 885 S.W.2d 863 (Ark. 1994). “] It is equally clear when reading A.C.A. § 23-64-203 as a whole, and consistent with the purposes expressly set forth, that the Commissioner must view this entire area of banking and insurance relationships conservatively and with a leaning toward restricting rather than…”
— Ark. Code Ann. § 23-64-203(b)(1)(C) — 1 case
Arkansas Bank & Trust Co. v. Douglass, 885 S.W.2d 863 (Ark. 1994). “] It is equally clear when reading A.C.A. § 23-64-203 as a whole, and consistent with the purposes expressly set forth, that the Commissioner must view this entire area of banking and insurance relationships conservatively and with a leaning toward restricting rather than…”
— Ark. Code Ann. § 23-64-203(b)(2) — 1 case
Arkansas Bank & Trust Co. v. Douglass, 885 S.W.2d 863 (Ark. 1994). “] It is equally clear when reading A.C.A. § 23-64-203 as a whole, and consistent with the purposes expressly set forth, that the Commissioner must view this entire area of banking and insurance relationships conservatively and with a leaning toward restricting rather than…”
— Ark. Code Ann. § 23-64-203(b)(3) — 1 case
Arkansas Bank & Trust Co. v. Douglass, 885 S.W.2d 863 (Ark. 1994). “] It is equally clear when reading A.C.A. § 23-64-203 as a whole, and consistent with the purposes expressly set forth, that the Commissioner must view this entire area of banking and insurance relationships conservatively and with a leaning toward restricting rather than…”
— Ark. Code Ann. § 23-64-203(b)(4)(A) — 1 case
Arkansas Bank & Trust Co. v. Douglass, 885 S.W.2d 863 (Ark. 1994). “] It is equally clear when reading A.C.A. § 23-64-203 as a whole, and consistent with the purposes expressly set forth, that the Commissioner must view this entire area of banking and insurance relationships conservatively and with a leaning toward restricting rather than…”
— Ark. Code Ann. § 23-64-203(b)(4)(E) — 1 case
Arkansas Bank & Trust Co. v. Douglass, 885 S.W.2d 863 (Ark. 1994). “] It is equally clear when reading A.C.A. § 23-64-203 as a whole, and consistent with the purposes expressly set forth, that the Commissioner must view this entire area of banking and insurance relationships conservatively and with a leaning toward restricting rather than…”
— Ark. Code Ann. § 23-64-203(b)(l) — 1 case
Arkansas Bank & Trust Co. v. Douglass, 885 S.W.2d 863 (Ark. 1994). “] It is equally clear when reading A.C.A. § 23-64-203 as a whole, and consistent with the purposes expressly set forth, that the Commissioner must view this entire area of banking and insurance relationships conservatively and with a leaning toward restricting rather than…”
— Ark. Code Ann. § 23-64-203(b)(l)(C) — 1 case
Arkansas Bank & Trust Co. v. Douglass, 885 S.W.2d 863 (Ark. 1994). “] It is equally clear when reading A.C.A. § 23-64-203 as a whole, and consistent with the purposes expressly set forth, that the Commissioner must view this entire area of banking and insurance relationships conservatively and with a leaning toward restricting rather than…”
— Ark. Code Ann. § 23-64-203(c) — 1 case
Arkansas Bank & Trust Co. v. Douglass, 885 S.W.2d 863 (Ark. 1994). “] It is equally clear when reading A.C.A. § 23-64-203 as a whole, and consistent with the purposes expressly set forth, that the Commissioner must view this entire area of banking and insurance relationships conservatively and with a leaning toward restricting rather than…”
Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.