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2007 SUMMARY OF NEW STATE LAWS - ARKANSAS

Arkansas State Legislative Website

BILL #

CHAPTER #

ISSUE

BILL DESCRIPTION

HB 1008

145

Motor vehicle insurance - traffic offenses

Imposes a duty on the driver of a vehicle to remain at the scene of an accident under certain circumstances. Effective: July 31, 2007.

HB 1303

76

Farm mutuals

Permits the insurance commissioner to extend the time limit for a Farmer's Mutual Aid Association to meet statutory minimum membership requirements and to clarify the obligation to purchase any necessary indemnity reinsurance. Effective: July 31, 2007.

HB 1309

85

Identity theft -- fraud

Enhances the penalty for financial identity fraud under certain circumstances; creates the offense of nonfinancial identity fraud. Effective: July 31, 2007.

HB 1321

330

Producer licensure - agent practices

Clarifies an insurance producer's responsibility to report to the insurance commissioner a criminal action brought against the producer. Effective: July 31, 2007.

HB 1322

331

Producer licensure - agent practices

Prohibits an insurance producer from permitting an unlicensed person to engage in the business of insurance on behalf of the insurance producer. Effective: July 31, 2007.

HB 1387

874

Commercial insurance

Promotes insurance coverage for construction contracts and to protect the construction industry from insurance policy limitations. Effective: July 31, 2007.

HB 1414

251

Motor vehicle insurance - traffic offenses

Concerns alcohol education programs for persons convicted of driving while intoxicated. Also changes name of the Bureau of Alcohol and Drug Abuse Prevention. Effective: July 31, 2007.

HB 1462

305

Motor vehicle insurance - all-terrain vehicles

Changes the term "all-terrain cycle" to "all-terrain vehicle" and amends the requirements for registration and operation of all-terrain vehicles. Effective: July 31, 2007.

HB 1469

256

Motor vehicle insurance - commercial auto

Conforms the issuance of commercial driver licenses to federal standards. Effective: July 31, 2007.

HB 1577

444

Motor vehicle insurance - miscellaneous

Provides consistency regarding information required to obtain a driver's license. Effective: July 31, 2007.

HB 1579

667

Motor vehicle insurance - traffic offenses

Relates to speed limits and traffic control devices on county roads. Effective: July 31, 2007.

HB 1716

363

Motor vehicle insurance - traffic offenses

Requires a signal of intention to change lanes in a vehicle before changing lanes. Effective: July 31, 2007.

HB 1718

366

Motor vehicle insurance - miscellaneous

Amends the Motor Vehicle Consumer Protection Act regarding fees charged for handling and processing the sale or lease of a new or used motor vehicle. Effective: July 31, 2007.

HB 2215

391

Identity theft - security freeze

Permits placing a security freeze on a person's consumer report; provides procedures for the placement and removal of the security freeze; and provides notice of the right to obtain a security freeze. Effective: July 31, 2007.

HB 2227

370

Motor vehicle insurance - commercial auto

Relates to the retention of licensing actions on commercial driver's license records. Effective: July 31, 2007.

HB 2231

1196

Motor vehicle insurance - traffic offenses

Provides that a conviction for operating a motorboat while intoxicated will count as a previous offense in order to determine the number of previous offenses under the omnibus driving while intoxicated act. Effective: July 31, 2007.

HB 2240

382

Motor vehicle insurance - commercial auto

Repeals Arkansas law that allows issuing commercial driver licenses to residents of foreign countries. Effective: July 31, 2007.

HB 2243

373

Motor vehicle insurance - auto coverage issues

Establishes the priority of primary motor vehicle liability insurance coverage. Effective: July 31, 2007.

HB 2440

826

Motor vehicle insurance - commercial auto

Requires notice of cancellation of insurance to the holder of a lien upon a commercial motor vehicle. Effective: July 31, 2007.

HB 2462

827

State regulation

Makes various corrections to the Arkansas code of 1987 annotated, including certain insurance provisions. Effective: July 31, 2007.

HB 2674

Workers' compensation - benefits, claims and authorized treatments

Amends the specified State code concerning compensation for second injuries; amends a portion of the State code which resulted from initiated act 4 of 1948. Effective: July 31, 2007.

SB 143

127

Motor vehicle insurance -auto coverage issues

Provides for the notice of cancellation of a motor vehicle insurance policy to all lienholders. Effective: February 21, 2007.

SB 683

588

Fees

Requires the insurance commissioner to assess rural risk underwriters a fee for the expense of mailing fire department renewal subscription notices not to exceed a specified amount. Effective: March 28, 2007.

SB 779

1042

Title insurance

Abolishes the Abstracters' Board of Examiners and transfers its powers and duties to the Arkansas title insurance agents' licensing board and to reconstitutes the Arkansas title insurance agents' licensing board. Effective: July 31, 2007.

SB 805

861

Motor vehicle insurance - towing issues

Clarifies the procedures concerning the nonconsensual towing of a vehicle. Effective: July 31, 2007.

SB 851

718

Motor vehicle insurance - traffic offenses

Revises the penalty for passing a school bus and to simplify the reporting of a violation of the passing of a school bus. Effective: July 31, 2007.

SB 918

722

E-commerce

Requires state agencies to use or permit the use of electronic records and electronic signatures no later than June 20, 2008. Effective: July 31, 2007.

SB 969

1053

Motor vehicle insurance - towing issues

Amends the law regarding nonconsent towing and recovery of vehicles. Effective: July 31, 2007.

The information contained in this summary is not intended as a portrayal of every property/casualty-related law enacted in each state. Rather, it represents recently enacted legislation specifically identified by NAMIC State and Regulatory Affairs Staff as bearing direct relevance to those issues that represent NAMIC's National State Legislative Agenda or otherwise deemed pertinent to the interests of the majority of NAMIC members.

This summary is for use as a convenient tool for our members, and is not intended, and should not be considered to be, legal advice. Please consult your legal representatives.