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Code · Arizona · Title 20 — Infants and Incompetents

20-584. Trust companies as depositaries

50 words·~1 min read·/az/title-20/20-584

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

Upon request of the insurer, the state treasurer may designate any solvent trust company or other solvent financial institution having trust powers domiciled in this state as the treasurer's depositary to receive and hold any such deposit. Any such deposit so held shall be at the expense of the insurer.
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