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Current as of January 01, 2025 | Updated by Findlaw Staff
A. A title insurer that is not incorporated under the laws of this state, but is authorized to transact business herein, shall not make, write, place or cause to be made, written or placed any policy or contract of insurance covering real property in this state except:
1. Through a title insurance agent as defined in § 20-1562.
2. Through a bona fide branch office located in this state and under the direction and control of such title insurer, all expenses of which branch office, including compensation of all employees, are paid by such title insurer.
3. Through a subsidiary title insurer.
B. This section does not apply to contracts of reinsurance or excess coinsurance.
Cite this article: FindLaw.com - Arizona Revised Statutes Title 20. Insurance § 20-1575. Foreign title insurers; resident agent required - last updated January 01, 2025 | https://codes.findlaw.com/az/title-20-insurance/az-rev-st-sect-20-1575/
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