State Codes and Statutes

Statutes > Arizona > Title20 > 20-1086

20-1086. Surplus

A. A life and disability reinsurer shall have on organization initial surplus in an amount not less than one-half of its minimum required capital stock and shall thereafter maintain one-half of such initial surplus.

B. This section does not apply to unaffiliated credit life and disability reinsurers.

State Codes and Statutes

Statutes > Arizona > Title20 > 20-1086

20-1086. Surplus

A. A life and disability reinsurer shall have on organization initial surplus in an amount not less than one-half of its minimum required capital stock and shall thereafter maintain one-half of such initial surplus.

B. This section does not apply to unaffiliated credit life and disability reinsurers.


State Codes and Statutes

State Codes and Statutes

Statutes > Arizona > Title20 > 20-1086

20-1086. Surplus

A. A life and disability reinsurer shall have on organization initial surplus in an amount not less than one-half of its minimum required capital stock and shall thereafter maintain one-half of such initial surplus.

B. This section does not apply to unaffiliated credit life and disability reinsurers.