Ariz. Admin. Code § 20-5-1524

Current through Register Vol. 30, No. 49, December 6, 2024

Section R20-5-1524 - Federal Money Market Fund or Treasury Note

A Self-Insurer may post a federal money market fund or a treasury note as security if:

1. The Self-Insurer completes a Custody Agreement Form, which is signed by an authorized representative of the Self-Insurer, the custodial bank, the Arizona State Treasurer, and the Commission; and

2. The amount of the Federal money market fund or treasury note posted shall be no less than the amount the Self-Insurer is required to post as security under this Article.

Ariz. Admin. Code § R20-5-1524

New section made by final rulemaking at 28 A.A.R. 3435, effective 10/5/2022.