Ariz. Rev. Stat. § 20-457. Premature Disposal of Premium Notes Prohibited: Unfair Practices and Frauds – Arizona
Status: EnactedYear Enacted: 2001
File: Download
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.
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