Arizona § 20-581 Deposits of insurers

Arizona Statutes

§ 20-581 — Deposits of insurers

Arizona·Title 20 Arizona Revised Statutes·Ch. 3 FINANCIAL PROVISIONS AND PROCEDURES·Art. 3 Administration of Deposits

The state treasurer shall accept and hold in trust, when made through the director, deposits of securities or funds by insurers as follows:

1.Deposits required for authority to transact insurance in this state.

2.Deposits of domestic, foreign or alien insurers when made pursuant to the laws of other states, provinces and countries as prerequisite for authority to transact insurance in such state, province or country.

3.Deposits in such additional amounts as are permitted to be made by section 20-587.

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The state treasurer shall accept and hold in trust, when made through the director, deposits of securities or funds by insurers as follows:

1. Deposits required for authority to transact insurance in this state.

2. Deposits of domestic, foreign or alien insurers when made pursuant to the laws of other states, provinces and countries as prerequisite for authority to transact insurance in such state, province or country.

3. Deposits in such additional amounts as are permitted to be made by section 20-587.

Arizona § 20-581 (Deposits of insurers) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.