State Of ArkansasSCHEDULE OF COMPANY FEES, TAXES, AND DEPOSITSLife, Health, Annuity CompaniesSection I Fees Admission Fees Certificate of Authority Application fee (due at time of application) $ 1000.00 Certificate of Authority issuance fee (due before issuance of 300.00 Certificate of Authority) Annual Fees (To be paid with Premium tax- See Section II) Certificate of Authority Renewal $ 100.00 Annual Statement Filing Fee 50.00 Penalty for late filing (per day) 100.00 Company Financial Regulation Fee (CFRF) See Filing instructions and form Under Accounting Division on our Department Web Site.
Other Fees Filing of Articles of Incorporation (due with amended document) $ 100.00 Filing of Bylaws (due with amended document) 25.00 Name Change (due at time of request) 500.00 Redomestication (due at time of request) 500.00 Addition/Deletion of Line of Business (due at time of request) 500.00 Certificate of Deposit (due at time of request) 10.00 Certificate of Compliance (due at time of request) 20.00 Certificate of Valuation (due at time of request) 10.00 Service of Process (due at time of submission) 25.00 |
State Of ArkansasSCHEDULE OF COMPANY FEES, TAXES, AND DEPOSITSLife, Health, Annuity Companies(Continued) Section II Taxes & Fees Download Forms and Filing Instructions from the Accounting Division- Premium Taxes Section of the Arkansas Insurance Department Web Page. Section III - Deposits SECURITY DEPOSIT After admission to the state, all insurers are required to post a deposit with the Arkansas Insurance Commissioner, in accordance with the following schedule: Kind or Kinds of Insurance Minimum
Deposit * Life .. $100,000 Accident & Health . $100,000 Life & Accident & Health . $100,000 * Additional deposits may be required for admission based upon the results of the review process for the company. |