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Code · Arizona · Title 6 — Banks and Financial Institutions

6-1414. Splitting of premium finance agreement prohibited

47 words·~1 min read·/az/title-6/6-1414

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No agent or broker or premium finance company shall induce an insured to become obligated under more than one premium finance agreement for the purpose of obtaining a higher rate of interest than would otherwise be permitted by this chapter or obtaining more than one service charge.
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