{"data":{"id":"us-az/a.r.s.-6-571","jurisdiction":"us-az","citation":"A.R.S. § 6-571","heading":"Insurance for members","body":"A credit union may purchase or provide insurance on the lives or credit disability of its members in an amount equal to their respective share and loan balances or either or both of them and purchase or provide vendor's single interest property insurance coverages on property which is pledged as security if the borrower fails to provide evidence of adequate coverages placed with an insurance carrier selected by the borrower. Nothing in this section shall prohibit the lender from specifying reasonable requirements for coverages and the financial condition of the insurance carrier.","path":["Title 6 Banks and Financial Institutions"],"source_url":"https://www.azleg.gov/ars/6/00571.htm","current_through":"57th Legislature, 2nd Regular Session (effective 2027-01-01); mirror section count 24991","vintage":"2026-09-15","retrieved_at":"2026-09-26T04:29:04Z","sha256":"a94ff357443bcc65a955c56ec1e7aa2e481f67fc2ea45e749387d759aecb57ae","source_id":"us-az","stale":false,"prev":"us-az/a.r.s.-6-564","next":"us-az/a.r.s.-6-572"},"notice":"GroundRules: Original legal text. Not legal advice."}