Arizona § 6-1409 Effect of revocation, suspension or surrender on preexisting contracts; impairment of contracts

Arizona Statutes

§ 6-1409 — Effect of revocation, suspension or surrender on preexisting contracts; impairment of contracts

Arizona·Title 6 Arizona Revised Statutes·Ch. 14 PREMIUM FINANCE COMPANIES·Art. 1 General Provisions

A.A revocation, suspension or surrender of any license does not impair or affect the obligation of any preexisting premium finance agreement between any licensee and insured.

B.If any provision of this article is amended or repealed in a manner that results in a cancellation of any license or right of a licensee to service premium finance agreements the cancellation does not impair or affect the obligation of any preexisting premium finance agreement between the licensee and the insured.

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A. A revocation, suspension or surrender of any license does not impair or affect the obligation of any preexisting premium finance agreement between any licensee and insured.

B. If any provision of this article is amended or repealed in a manner that results in a cancellation of any license or right of a licensee to service premium finance agreements the cancellation does not impair or affect the obligation of any preexisting premium finance agreement between the licensee and the insured.

Arizona § 6-1409 (Effect of revocation, suspension or surrender on preexisting contracts; impairment of contracts) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.