Arizona § 20-1568 - Unearned premium reserve
Full text of Arizona Arizona Revised Statutes § 20-1568 — Unearned premium reserve, with citation guidance and answers to common questions.
§ 20-1568. Unearned premium reserve
A. Every title insurer shall, in addition to other reserves, establish and maintain a reserve to be known as the "unearned premium reserve" for title insurance on real estate, which shall, at all times and for all purposes, be deemed and shall constitute the unearned portions of premiums due or received on account of such insurance and shall be charged as a reserve liability of such title insurer in determining its financial condition. A foreign title insurer doing business in this state may establish an unearned premium reserve for title insurance on real estate in accordance with the laws of its domiciliary state, provided an unearned premium reserve is mandatory under the law of its domiciliary state and such law is substantially equivalent to the requirements of this title.
B. The unearned premium reserve for title insurance on real estate shall be retained and held by such title insurer for the protection of the policyholders' interest in policies on real estate which have not expired. Except as provided in section 20-1571, assets equal to the amount of such reserve shall not be subject to distribution among other creditors or stockholders of such title insurer until all claims of policyholders or holders of title insurance contracts or agreements of such title insurer have been paid in full and all liability on the policies or title insurance contracts or agreements, whether contingent or actual, has been discharged or lawfully reinsured. Income from the investment of the amount of such reserve shall be the unrestricted property of the title insurer.
Source: official Arizona text · Last verified 2026-08-27
Frequently Asked Questions About Arizona § 20-1568
What does Arizona Revised Statutes § 20-1568 cover?
Section 20-1568 ("Unearned premium reserve") is part of the Arizona Revised Statutes, the codified statutory law of Arizona. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Arizona § 20-1568?
A common citation format is "Arizona Revised Statutes § 20-1568" (Arizona). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Arizona law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Arizona official source linked on this page or consult a licensed Arizona attorney.
How does Arizona § 20-1568 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Arizona can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Arizona.