Bill Text: AZ HB2330 | 2015 | Fifty-second Legislature 1st Regular | Introduced

---

Bill Title: Financial responsibility; verification; technical correction

Spectrum: Partisan Bill (Republican 1-0)

Status: (Failed) 2015-02-11 - House INS Committee action: Held [HB2330 Detail]

Download: Arizona-2015-HB2330-Introduced.html

---

 

 

 

REFERENCE TITLE: financial responsibility; verification; technical correction

 

 

 

State of Arizona

House of Representatives

Fifty-second Legislature

First Regular Session

2015

 

 

HB 2330

 

Introduced by

Representative Fann

 

 

AN ACT

 

amending section 20-236, Arizona Revised Statutes; relating to transaction of insurance business.

 

 

(TEXT OF BILL BEGINS ON NEXT PAGE)

 

Be it enacted by the Legislature of the State of Arizona:

Section 1.  Section 20-236, Arizona Revised Statutes, is amended to read:

START_STATUTE20-236.  Civil penalty for failure to respond to a request for verification of financial responsibility

If the director finds after a hearing that, upon certification by the department of transportation, an insurer has failed to respond in writing within thirty days to a financial responsibility verification request required pursuant to section 28‑4143, the director shall impose a civil penalty of not more than two hundred fifty dollars for each violation but not to exceed an aggregate penalty of twenty thousand dollars in any one six‑month period. END_STATUTE