There is a newer version of the Arizona Revised Statutes
2014 Arizona Revised Statutes
Title 20 - Insurance
§ 20-514 Valuation of purchase money mortgages
AZ Rev Stat § 20-514 (2014) What's This?
20-514. Valuation of purchase money mortgages
Purchase money mortgages on real property referred to in subsection A of section 20-513 shall be valued in an amount not exceeding the acquisition cost of the real property covered thereby or ninety per cent of the fair value of such real property, whichever is less.
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