Arizona Laws 20-1025. Surplus required
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No attorney shall be licensed for the underwriters doing business as a Lloyd’s association under this article unless the surplus of such association, required to be maintained under section 20-210, shall be at least four hundred thousand dollars in cash, or other admitted assets.
Terms Used In Arizona Laws 20-1025
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.