ARS § 20-724
This section penalizes directors of domestic stock or mutual insurers for knowingly approving illegal dividends, makes knowing recipients liable for the dividend amount, and lets the insurance director revoke or suspend an insurer’s certificate of authority.
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- Jurisdiction
- United States — Arizona
- Instrument
- Act or statute
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- Language
- en
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dividends insurer governance licensing
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ARS § 20-724
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