Arizona § 20-586 Rights of insurer during solvency

Arizona Statutes

§ 20-586 — Rights of insurer during solvency

Arizona § 20-586

Title 20Arizona Revised Statutes

Ch. 3FINANCIAL PROVISIONS AND PROCEDURES

Art. 3Administration of Deposits

This text of Arizona § 20-586 (Rights of insurer during solvency) 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. § 20-586 (2026).

Text

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.