20-1031. Deposit required of Lloyd's association
The deposit requirements of section 20-213 and section 20-583 shall in all respects apply to any Lloyd's association, foreign or domestic, provided that the director shall not issue a certificate of authority to any Lloyd's association unless it has deposited in trust with the state treasurer of Arizona or in public custody in any other state or states cash or securities eligible for the investment of capital funds of domestic insurers in an amount not less than four hundred thousand dollars.
Section: Previous 20-1024 20-1025 20-1026 20-1027 20-1028 20-1029 20-1030 20-1031 20-1032 20-1033 20-1051 20-1052 20-1052.01 20-1053 20-1054 NextLast modified: October 13, 2016