Arizona Revised Statutes (Last Updated: March 31, 2016) |
Title 20. Insurance |
Chapter 4. PARTICULAR TYPES OF INSURERS |
Article 10. Domestic Life and Disability Reinsurer |
Sec 20-1086. Surplus
Latest version.
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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.
B. This section does not apply to unaffiliated credit life and disability reinsurers.