Arizona Laws 20-1086. Surplus
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A. A life and disability reinsurer shall have on organization initial surplus in an amount not less than one-half of its minimum required capital stock and shall thereafter maintain one-half of such initial surplus.
Terms Used In Arizona Laws 20-1086
- Unaffiliated: means not affiliated with another insurer as defined in section 20-104. See Arizona Laws 20-1082
B. This section does not apply to unaffiliated credit life and disability reinsurers.