Arizona Revised Statutes § 20-475.01 Insurance On Mortgaged Property; Disclosure Of Expiration Date Prohibited; Exception

20-475.01. Insurance on mortgaged property; disclosure of expiration date prohibited; exception

When a real property mortgage or a lending agreement in connection with a loan on real property provides that the mortgagor or borrower shall furnish insurance upon the mortgaged property, the mortgagee, assignee or creditor shall not disclose expiration dates or other policy information to other persons, directly or indirectly, for the purpose of permitting any person or persons to solicit the insurance or any renewal thereof without the consent of the policyholder in writing.

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Last modified: October 13, 2016