Arizona Statutes
§ 20-1028 — Liability of additional or substituted underwriters; authority of deputy, substitute or successor attorney
Arizona·Title 20 Arizona Revised Statutes·Ch. 4 PARTICULAR TYPES OF INSURERS·Art. 8 Lloyd's Associations
Additional or substituted underwriters shall be bound in the same manner and to the same extent as original subscribers to the articles of agreement and power of attorney on file with the director. The acts of the duly appointed deputy, substitute or successor attorney or any attorney or attorneys licensed under this chapter, in accepting powers of attorney from underwriters, in making and issuing policies and contracts of insurance, and in doing any additional acts incident thereto, shall be deemed authorized by the certificate of authority issued to the original attorney or attorneys.
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Nearby Sections
15
§ 20-1001
Definitions§ 20-1004
Issuance of certificate of authority§ 20-1005
Deposit requirement; exception§ 20-1006
Reserve requirement; exception§ 20-1009
Annual report to director§ 20-101.01
Deputy director§ 20-1010
Taxes§ 20-1011
Operational expenses§ 20-1012
Prohibited practices