2016 Arizona Revised Statutes
Title 20 - Insurance
§ 20-775 Action on bond
20-775. Action on bond
Action on the attorney's bond or to recover against any deposit made in lieu thereof may be brought at any time by one or more subscribers suffering loss through a violation of its conditions, or by a receiver or liquidator of the insurer. Amounts recovered on the bond shall be deposited in and become part of the insurer's funds. The total aggregate liability of the surety shall be limited to the amount of the penalty of the bond.
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