Ariz. Rev. Stat. § 20-502

Current through L. 2024, ch. 259

Section 20-502 - Assets as deductions from liabilities

Assets may be allowed as deductions from corresponding liabilities, and liabilities may be charged as deductions from assets, and deductions from assets may be charged as liabilities, in accordance with the form of annual statement applicable to such insurer as prescribed by the director, or otherwise in his discretion.

A.R.S. § 20-502