Amended Rebate Regulations in Arkansas
The Arkansas legislature has amended its laws regarding rebates. Token gifts of $100 or less in wholesale value that are used for advertisement purposes, are not prohibited under the definition of “rebates.”
Examples of such token gifts include pens, calendars, notebooks and other items.
If you have a hierarchy of producers, please share this e-mail with any producers who may not have received it. If you have questions regarding this compliance update, please contact the Arkansas Department of Insurance at (800) 282-9134.