Arizona Statutes
§ 20-219 — Mandatory revocation or suspension
Arizona·Title 20 Arizona Revised Statutes·Ch. 2 TRANSACTION OF INSURANCE BUSINESS·Art. 1 Authorization of Insurers and General Requirements
The director shall refuse to renew or shall revoke or suspend an insurer's certificate of authority:
1.If such action is required by any provision of this title, or
2.If the insurer no longer meets the requirements for the authority originally granted, on account of deficiency in assets or otherwise.
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Related
Fidelity Security Life Insurance v. State
954 P.2d 580 (Arizona Supreme Court, 1998)
Fidelty Security Life Insurance v. State
935 P.2d 861 (Court of Appeals of Arizona, 1997)
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