Arkansas · 2025 Regular Session · Bill

SB 519: TO AMEND THE STANDARD NONFORFEITURE LAW FOR LIFE INSURANCE; AND TO REGULATE THE PAYMENT OF INTEREST ON DEFERRED PAYMENT OF ANY CASH SURRENDER VALUE ACCORDING TO THE TERMS OF THE POLICY.

Enacted Last action April 22, 2025: Notification that SB519 is now Act 958

Plain-language summary

SB 519 is a bill introduced in the Arkansas Senate on March 19, 2025. According to its official title, it concerns: TO AMEND THE STANDARD NONFORFEITURE LAW FOR LIFE INSURANCE; AND TO REGULATE THE PAYMENT OF INTEREST ON DEFERRED PAYMENT OF ANY CASH SURRENDER VALUE ACCORDING TO THE TERMS OF THE POLICY. Primary sponsor: Justin Boyd (Republican). Most recent recorded action (April 22, 2025): Notification that SB519 is now Act 958.

Sponsors

Primary sponsor: Justin Boyd (Republican).