Arkansas Code Annotated
Ark. Code Ann. § 23-68-101 (2026)
Uniform Insurers Liquidation Act
✓ current as of May 2026
- Section 23-68-102(2)-(13), together with §§ 23-68-101, 23-68-104, 23-68-105, 23-68-113, and 23-68-115 — 23-68-120, constitute and may be referred to as the “Uniform Insurers Liquidation Act”.
- The Uniform Insurers Liquidation Act shall be so interpreted and construed as to effectuate its general purpose to make uniform the law of those states that enact it. To the extent that its provisions when applicable conflict with other provisions of this chapter, the provisions of such act shall control.
History. Acts 1959, No. 148, § 658; A.S.A. 1947, § 66-4821.
Publisher's Notes. For Comments regarding the Uniform Insurers Liquidation Act, see Commentaries Volume B.
Case Notes
In General.
Proceedings under the Uniform Insurer's Liquidation Act, Ark. Code Ann. § 23-68-101 et seq. are similar and analogous to bankruptcy proceedings; in bankruptcy proceedings, for example, the federal bankruptcy court retains jurisdiction over collateral matters of the bankruptcy pending appeals on piecemeal issues and orders dealing with the details of the bankruptcy. Fewell v. Pickens, 346 Ark. 246, 57 S.W.3d 144 (2001).
Notes of Decisions
Cited in 3
cases, 1988–2001 · leading case: Fewell v. Pickens, 57 S.W.3d 144 (Ark. 2001).
Fewell v. Pickens, 57 S.W.3d 144 (Ark. 2001). “Those Agreements contained this language: However, upon breach of any one of the aforesaid covenants, the Company, the Parent and Fewell hereby agree and consent to the immediate commencement and entry of an order granting receivership against the Company by the Department under…”
Fewell v. Pickens, 39 S.W.3d 447 (Ark. 2001). “As a result, on July 11, 2000, Pickens, as Insurance Commissioner, commenced receivership proceedings against American Investors pursuant to the Uniform Insurers Liquidation Act, Ark. Code Ann. § 23-68-101 through 132 (Repl.”
Arkansas State High. Comm'n v. Union Indem. Ins., 748 S.W.2d 338 (Ark. 1988). “The only question is whether the appellants had a claim under the Guaranty Fund or the Uniform Insurers Liquidation Act, Ark. Code Ann. § 23-68-101 — 132 (1987). Those acts provide in part: This chapter shall apply to covered claims existing prior to the determination that an…”
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