Ariz. Rev. Stat. § 20-457

Current through L. 2024, ch. 259
Section 20-457 - Premature disposal of premium notes prohibited

An insurer and its insurance producer shall not hypothecate, sell or dispose of a promissory note received in payment of any part of a premium on a policy of insurance applied for prior to the delivery of the policy.

A.R.S. § 20-457