ARS § 20-775
Certain loss-bearing subscribers, or the insurer’s receiver or liquidator, may bring an action on the attorney’s bond or related deposit; any recovery becomes part of the insurer’s funds, and the surety’s total liability is capped at the bond penalty.
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- Jurisdiction
- United States — Arizona
- Instrument
- Act or statute
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- Undated source snapshot
- Language
- en
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civil remedies insurance insolvency surety bonds
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ARS § 20-775
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