There is a newer version of the Arizona Revised Statutes
2012 Arizona Revised Statutes
Title 20 Insurance
20-507 Unearned premium reserve for marine insurance
AZ Rev Stat § 20-507 (through 2nd Reg Sess. 50th Leg. 2012) What's This?
20-507. Unearned premium reserve for marine insurance
With reference to marine insurance, premiums on trip risks not terminated shall be deemed unearned, and the director may require the insurer to carry a reserve thereon equal to one hundred per cent on trip risks written during the month ended as of the date of statement.
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