Ariz. Rev. Stat. » Title 20
Arizona Revised Statutes

Ariz. Rev. Stat. § 20-1531 (2026)

Sole surety on official bonds

✓ text as last checked Oct. 2026 (this copy records no edition or section history)
Find cases: SyfertCases citing this section AZ-LEGazleg.gov (official) JustiaTitle on Justia CornellLII Search CasesGoogle Scholar

When any bond, recognizance or undertaking is required or permitted to be made for the security or protection of any person or municipality, the state, or any department thereof, or organization, conditioned for the doing or not doing of anything therein specified, any such board, court, organization or officer required or permitted to accept or approve the sufficiency of the bond, recognizance or undertaking, may accept and approve it when executed, or when the conditions thereof are guaranteed, solely by an insurer authorized to transact a surety business in this state in accordance with the requirements of this title. When any such bond, recognizance or undertaking is required to be made with one surety or with two or more sureties, the execution of the bond, recognizance or undertaking, or the guarantee of the performance of the conditions thereof, shall be sufficient when so executed or guaranteed solely by one such insurer, and shall be a full compliance with every requirement of every law, ordinance or regulation relating thereto, and no justification by such insurer shall be necessary.

Notes of Decisions
Cited in 2 cases, 1977–1989 · leading case: Watson v. Welton, 563 P.2d 331 (Ariz. Ct. App. 1977).
Sort: Relevance Newest Treatment
Watson v. Welton, 563 P.2d 331 (Ariz. Ct. App. 1977). · cites it 2× “, Inc. We agree and therefore must reverse that part of the amended judgment holding the surety liable under this bond.”
REM Constr., Inc. v. Houghton, 783 P.2d 261 (Ariz. Ct. App. 1989). · cites it 8× “This special action requires us to determine whether a surplus line insurer issuing bid, payment and performance bonds is “an insurer authorized to transact a surety business in this state” within the meaning of A.R.S. § 20-1531 and “a surety company ..”
Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.