US Lawyer Database

§ 23-62-106. Surety insurance

As used in the Arkansas Insurance Code, unless the context otherwise requires, “surety insurance” includes: (1) Fidelity insurance, which is insurance guaranteeing the fidelity of persons holding positions of public or private trust; (2) Insurance guaranteeing the performance of contracts, other than insurance policies, and guaranteeing and executing bonds, undertakings, and contracts of suretyship; and […]