Arizona § 20-586 Rights of insurer during solvency

Arizona Statutes

§ 20-586 — Rights of insurer during solvency

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

As long as the insurer remains solvent and complies with this title it may:

1.Demand, receive, sue for and recover the income from the securities or cash deposited.

2.Exchange and substitute for the deposited cash or securities, or any part of the cash or securities, cash or eligible securities of equivalent or greater value.

3.Inspect, at reasonable times, any such deposit made in a form other than book entry.

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As long as the insurer remains solvent and complies with this title it may:

1. Demand, receive, sue for and recover the income from the securities or cash deposited.

2. Exchange and substitute for the deposited cash or securities, or any part of the cash or securities, cash or eligible securities of equivalent or greater value.

3. Inspect, at reasonable times, any such deposit made in a form other than book entry.

Arizona § 20-586 (Rights of insurer during solvency) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.