Arizona Statutes

§ 6-1414 — Splitting of premium finance agreement prohibited

Arizona·Title 6 Arizona Revised Statutes·Ch. 14 PREMIUM FINANCE COMPANIES·Art. 1 General Provisions
No agent or broker or premium finance company shall induce an insured to become obligated under more than one premium finance agreement for the purpose of obtaining a higher rate of interest than would otherwise be permitted by this chapter or obtaining more than one service charge.

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