2012 Arizona Revised Statutes
Title 20 Insurance
20-783 Liability of subscriber on judgment against insurer


AZ Rev Stat § 20-783 (through 2nd Reg Sess. 50th Leg. 2012) What's This?

20-783. Liability of subscriber on judgment against insurer

A. No action shall lie against any subscriber upon any obligation claimed against the insurer until a final judgment has been obtained against the insurer and remains unsatisfied for thirty days.

B. Any such judgment shall be binding upon each subscriber only in such proportion as his interests may appear and in an amount not exceeding his contingent liability, if any.

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