A. The director may use independent contractor examiners pursuant to sections 20-148 and 20-159 to conduct examinations to review compliance with this article. All examination and examination related expenses shall be borne by the mortgage guaranty insurer and shall be paid by the insurance examiners’ revolving fund pursuant to section 20-159.

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Terms Used In Arizona Laws 20-1560

  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.

B. The director may adopt rules to carry out this article.