Arizona Revised Statutes § 20-783 Liability Of Subscriber On Judgment Against Insurer

20-783. Liability of subscriber on judgment against insurer

A. No action shall lie against any subscriber upon any obligation claimed against the insurer until a final judgment has been obtained against the insurer and remains unsatisfied for thirty days.

B. Any such judgment shall be binding upon each subscriber only in such proportion as his interests may appear and in an amount not exceeding his contingent liability, if any.

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Last modified: October 13, 2016