20-481.23. Violations The following acts or omissions shall be deemed to be violations of this article: 1. The intentional failure to file or make any statement, amendment or other material required to be filed pursuant to sections 20-481.02, 20-481.03, 20-481.04 and 20-481.05. 2. The effectuation or any attempt to effectuate an acquisition of control of, divestiture of or merger with a domestic insurer that is subject to section 20-481.02 without the required approval of the director pursuant to section 20-481.07. 3. The intentional failure to file a registration statement or any amendment thereto required by this article within the time specified for such filing. 4. The payment of a dividend in violation of section 20-481.19.
Arizona Legal Code