§ 20-471 Definition of insurance service charge; limit; prohibited use
§ 20-472 Service charges in connection with insurance on collateral security prohibited when change of ownership
§ 20-473 Obligation of mortgagee to furnish mortgagor copies of insurance policy
§ 20-474 Service charges in connection with insurance on collateral security prohibited when mortgagee procures insurance
§ 20-475 Reasonable requirements of security holder are valid
§ 20-475.01 Insurance on mortgaged property; disclosure of expiration date prohibited; exception
§ 20-476 Violation; classification

Terms Used In Arizona Laws > Title 20 > Chapter 2 > Article 7 - Insurance on Collateral Security

  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • Contract: A legal written agreement that becomes binding when signed.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Mortgage loan: A loan made by a lender to a borrower for the financing of real property. Source: OCC
  • Mortgagee: The person to whom property is mortgaged and who has loaned the money.
  • Mortgagor: The person who pledges property to a creditor as collateral for a loan and who receives the money.
  • Person: includes a corporation, company, partnership, firm, association or society, as well as a natural person. See Arizona Laws 1-215
  • Petty offense: A federal misdemeanor punishable by six months or less in prison. Source: U.S. Courts
  • Property: includes both real and personal property. See Arizona Laws 1-215
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Writing: includes printing. See Arizona Laws 1-215