Arizona Statutes
§ 20-257 — "Surety insurance" defined
Arizona·Title 20 Arizona Revised Statutes·Ch. 2 TRANSACTION OF INSURANCE BUSINESS·Art. 2 Kinds of Insurance; Reinsurance; Limits of Risk
"Surety insurance" includes:
1.Fidelity insurance, which is insurance guaranteeing the fidelity of persons holding positions of public or private trust.
2.Insurance guaranteeing the performance of contracts, other than insurance policies, and guaranteeing and executing bonds, undertakings and contracts of suretyship.
3.Insurance indemnifying banks, bankers, brokers, financial or monied corporations or associations against loss, resulting from any cause, of bills of exchange, notes, bonds, securities, evidences of debt, deeds, mortgages, warehouse receipts or other valuable papers, documents, money, precious metals and articles made therefrom, jewelry, watches, necklaces, bracelets, gems, precious and semi-precious stones, including any loss while they are being transported in armored
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Related
Watson v. Welton
563 P.2d 331 (Court of Appeals of Arizona, 1977)
Liberty Mutual Insurance v. Thunderbird Bank
542 P.2d 39 (Court of Appeals of Arizona, 1975)
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