Arizona § 20-2214 Member participation in writings, expenses, servicing allowance, management fees and losses

Arizona Statutes

§ 20-2214 — Member participation in writings, expenses, servicing allowance, management fees and losses

Arizona § 20-2214

Title 20Arizona Revised Statutes

Ch. 12JOINT UNDERWRITING ASSOCIATION

Art. 1General Provisions

This text of Arizona § 20-2214 (Member participation in writings, expenses, servicing allowance, management fees and losses) 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. § 20-2214 (2026).

Text

All members of the association shall participate in its writings, expenses, servicing allowance, management fees and losses in the proportion that the net direct premium of each member, excluding that portion of a premium attributable to the operation of the association, written during the preceding calendar year bears to the aggregate net direct premium written in this state by all members of the association.  Each member's participation in the association shall be determined annually on the basis of the net direct premium written during the preceding calendar year.

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

All members of the association shall participate in its writings, expenses, servicing allowance, management fees and losses in the proportion that the net direct premium of each member, excluding that portion of a premium attributable to the operation of the association, written during the preceding calendar year bears to the aggregate net direct premium written in this state by all members of the association. Each member's participation in the association shall be determined annually on the basis of the net direct premium written during the preceding calendar year.