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Code · Arizona · Title 20 — Infants and Incompetents

20-481.13. Material changes; amended statement; time; reporting of dividends

114 words·~1 min read·/az/title-20/20-481-13

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A. Each registered insurer shall keep current the information required to be disclosed in its registration statement by reporting all material changes or additions on amendment forms provided by the director within fifteen days after the end of each month in which it learns of each such change or addition.
B. Subject to section 20-481.19, each registered insurer shall report to the director all dividends and other distributions to shareholders within five business days following the declaration and at least ten business days before payment of the dividend or distribution.
C. The director may adopt rules that provide for an extension of the reporting times prescribed in subsections A and B of this section.
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