™Your Policy Risk Impact Agent
10 chapters · 288 sections in this title.
A.R.S. § 35-1201 Definitions
2.0K chars
In this chapter, unless the context otherwise requires: 1. "Administrator" means the statewide collateral pool administrator. 2. "Default or insolvency" includes the failure or refusal of any eligible depository to return any public deposit on demand or at maturity and the issuan…
A.R.S. § 35-1202 Powers of the statewide collateral pool administrator
1.0K chars
The statewide collateral pool administrator is established in the office of the state treasurer. On or before July 1, 2014, the administrator shall have the necessary policies and procedures in place to implement this chapter. The administrator may: 1. Adopt and enforce the polic…
A.R.S. § 35-1203 Subrogation of administrator to depositor's rights; distribution of assets; payment
0.6K chars
On payment in full to any public depositor on any claim presented pursuant to this chapter, the administrator shall be subrogated to all of the depositor's rights, title and interest against the depository that is in default or insolvent and shall share in any distribution of the…
A.R.S. § 35-1204 Mandatory deposit of public funds in eligible depositories; notice; exemption
0.3K chars
A. Uninsured public deposits required to be secured by collateral pursuant to this chapter shall be deposited in an eligible depository. B. On written notice to the administrator, a city that is governed by a charter and that has a population of more than one million persons is e…