Arizona § 20-1570 Maintenance of the unearned premium reserve

Arizona Statutes

§ 20-1570 — Maintenance of the unearned premium reserve

Arizona § 20-1570

Title 20Arizona Revised Statutes

Ch. 6PARTICULAR TYPES OF INSURANCE

Art. 9Title Insurers

This text of Arizona § 20-1570 (Maintenance of the unearned premium reserve) 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. § 20-1570 (2026).

Text

If by reason of any cause, other than depreciation in the market value of investments, the amount of the assets of a title insurer held as investments of its unearned premium reserve should on any date be less than the amount required to be maintained by law in such reserve, and the deficiency shall not be promptly cured, such title insurer shall forthwith give written notice thereof to the director and shall issue no further title insurance policies, whether of policy insurance, reinsurance or coinsurance, until the deficiency shall have been eliminated and until it shall have received written approval from the director authorizing it again to issue such policies.

Free access — add to your briefcase to read the full text and ask questions with AI

If by reason of any cause, other than depreciation in the market value of investments, the amount of the assets of a title insurer held as investments of its unearned premium reserve should on any date be less than the amount required to be maintained by law in such reserve, and the deficiency shall not be promptly cured, such title insurer shall forthwith give written notice thereof to the director and shall issue no further title insurance policies, whether of policy insurance, reinsurance or coinsurance, until the deficiency shall have been eliminated and until it shall have received written approval from the director authorizing it again to issue such policies.