§ 20-1021 Lloyd’s association defined
§ 20-1022 Forms of insurance authorized
§ 20-1023 “Attorney” defined; office
§ 20-1024 Application for license; contents
§ 20-1025 Surplus required
§ 20-1026 Reserves for liabilities and losses
§ 20-1027 Liability of underwriters; limitation
§ 20-1028 Liability of additional or substituted underwriters; authority of deputy, substitute or successor attorney
§ 20-1029 Division of profits
§ 20-1030 Actions on policies or insurance contracts; process; judgments; costs
§ 20-1031 Deposit required of Lloyd’s association
§ 20-1032 Revocation of license
§ 20-1033 Laws applicable to Lloyd’s association
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Terms Used In Arizona Laws > Title 20 > Chapter 4 > Article 8 - Lloyd's Associations

  • Action: includes any matter or proceeding in a court, civil or criminal. See Arizona Laws 1-215
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Attorney-in-fact: A person who, acting as an agent, is given written authorization by another person to transact business for him (her) out of court.
  • Contract: A legal written agreement that becomes binding when signed.
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Person: includes a corporation, company, partnership, firm, association or society, as well as a natural person. See Arizona Laws 1-215
  • Power of attorney: A written instrument which authorizes one person to act as another's agent or attorney. The power of attorney may be for a definite, specific act, or it may be general in nature. The terms of the written power of attorney may specify when it will expire. If not, the power of attorney usually expires when the person granting it dies. Source: OCC
  • Process: means a citation, writ or summons issued in the course of judicial proceedings. See Arizona Laws 1-215
  • Service of process: The service of writs or summonses to the appropriate party.
  • subscription: includes a mark, if a person cannot write, with the person's name written near it and witnessed by a person who writes the person's own name as witness. See Arizona Laws 1-215
  • Summons: Another word for subpoena used by the criminal justice system.