Ariz. Rev. Stat. § 44-1208
Current through L. 2024, ch. 259
Except for consumer lender loans regulated pursuant to section 6-636, for any loan that is secured by real property, a person shall not require as a condition of the loan that the borrower obtain property insurance coverage in an amount that exceeds the replacement cost of the improvements as established by the property insurer.
A.R.S. § 44-1208