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Home » US Law » 2022 Arizona Revised Statutes » Title 20 - Insurance » Article 3 - Administration of Deposits » § 20-584 – Trust companies as depositaries

20-584. Trust companies as depositaries

Upon request of the insurer, the state treasurer may designate any solvent trust company or other solvent financial institution having trust powers domiciled in this state as the treasurer’s depositary to receive and hold any such deposit. Any such deposit so held shall be at the expense of the insurer.