20-788. Distribution of savings
51 words·~1 min read·
/az/title-20/20-788A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A reciprocal insurer may from time to time return to its subscribers any unused premiums, savings or credits accruing to their accounts. Any such distribution shall not unfairly discriminate between classes of risks, or policies, or between subscribers, but this shall not prevent retrospective rating, nor distribution on a retrospective plan.