State Codes and Statutes

Statutes > Arizona > Title20 > 20-1096.03

20-1096.03. Surplus

A mechanical reimbursement reinsurer is required to have upon organization initial surplus in an amount not less than one-half of its minimum required capital stock and shall thereafter maintain one-half of the initial surplus.

State Codes and Statutes

Statutes > Arizona > Title20 > 20-1096.03

20-1096.03. Surplus

A mechanical reimbursement reinsurer is required to have upon organization initial surplus in an amount not less than one-half of its minimum required capital stock and shall thereafter maintain one-half of the initial surplus.


State Codes and Statutes

State Codes and Statutes

Statutes > Arizona > Title20 > 20-1096.03

20-1096.03. Surplus

A mechanical reimbursement reinsurer is required to have upon organization initial surplus in an amount not less than one-half of its minimum required capital stock and shall thereafter maintain one-half of the initial surplus.