Arizona Statutes
§ 20-643 — Order to pay assessment
Arizona·Title 20 Arizona Revised Statutes·Ch. 3 FINANCIAL PROVISIONS AND PROCEDURES·Art. 4 Rehabilitation and Liquidation
After levy of an assessment as provided in section 20-642, upon the filing of a further detailed report by the receiver the court shall issue an order directing each member, if a mutual insurer, or each subscriber, if a reciprocal insurer, if the member or subscriber has not paid the amount assessed against the member or subscriber to the receiver on or before a day specified in the order, to show cause why the member or subscriber should not be held liable to pay such assessment, together with costs as provided in section 20-645, and to show cause why the receiver should not have judgment therefor.
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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