Arizona Statutes
§ 20-1029 — Division of profits
Arizona § 20-1029
JurisdictionArizona
Title 20Arizona Revised Statutes
Ch. 4PARTICULAR TYPES OF INSURERS
Art. 8Lloyd's Associations
This text of Arizona § 20-1029 (Division of profits) is published on Counsel Stack Legal Research, covering Arizona primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Ariz. Rev. Stat. Ann. § 20-1029 (2026).
Text
No profits shall accrue to an underwriter, except upon the basis of his actual investment in cash or securities, disregarding any obligation or subscription to pay in additional cash or securities at a later date.
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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 practicesCite This Page — Counsel Stack
Bluebook (online)
Arizona § 20-1029, Counsel Stack Legal Research, https://law.counselstack.com/statute/az/20-1029.