Arizona Laws 20-481.23. Violations
The following acts or omissions shall be deemed to be violations of this article:
Terms Used In Arizona Laws 20-481.23
- Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
- Insurer: means every person engaged in the business of making contracts of insurance except:
(a) Agencies, authorities or instrumentalities of the United States, its possessions and territories, the Commonwealth of Puerto Rico, the District of Columbia or a state or political subdivision of a state. See Arizona Laws 20-481
1. The intentional failure to file or make any statement, amendment or other material required to be filed pursuant to sections 20-481.02, 20-481.03, 20-481.04 and 20-481.05.
2. The effectuation or any attempt to effectuate an acquisition of control of, divestiture of or merger with a domestic insurer that is subject to Section 20-481.02 without the required approval of the director pursuant to Section 20-481.07.
3. The intentional failure to file a registration statement or any amendment thereto required by this article within the time specified for such filing.
4. The payment of a dividend in violation of Section 20-481.19.