20-586. Rights of insurer during solvency
72 words·~1 min read·
/az/title-20/20-586A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
As long as the insurer remains solvent and complies with this title it may:
1. Demand, receive, sue for and recover the income from the securities or cash deposited.
2. Exchange and substitute for the deposited cash or securities, or any part of the cash or securities, cash or eligible securities of equivalent or greater value.
3. Inspect, at reasonable times, any such deposit made in a form other than book entry.