Arizona Statutes
§ 20-547 — Equipment trust certificates
Arizona·Title 20 Arizona Revised Statutes·Ch. 3 FINANCIAL PROVISIONS AND PROCEDURES·Art. 2 Investments
An insurer may invest in equipment trust obligations or certificates which in the opinion of the director are adequately secured, or other instruments so secured and evidencing an interest in transportation equipment, wholly or in part within the United States, which carry the right to receive determined portions of rental, purchase or other fixed obligatory payments to be made for the use or purchase of the transportation equipment.
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15
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Deputy director§ 20-1010
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