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AZ SB1506

Bill

Status

Introduced

1/31/2012

Primary Sponsor

Judy Burges

Click for details

Origin

Senate

Fiftieth Legislature - Second Regular Session (2012)

AI Summary

  • Amends Arizona Revised Statutes section 20-236 regarding civil penalties for insurers that fail to respond to financial responsibility verification requests.

  • Requires insurers to respond in writing within thirty days to financial responsibility verification requests made pursuant to section 28-4143.

  • Imposes civil penalties of up to $250 per violation, with an aggregate cap of $20,000 in any six-month period for non-compliance.

  • Changes language to clarify that verification requests are "required" rather than discretionary.

Legislative Description

Financial responsibility; verification; technical correction

Last Action

Referred to Senate RULES Committee

2/1/2012

Full Bill Text

No bill text available