Title 20 — Insurance
29 chapters · 1,539 sections in this title.
A.R.S. § 20-3601 Definitions of qualified United States financial institution
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1. Is: (a) Organized or, in the case of a United States office of a foreign banking organization, is licensed under the laws of the United States or any state of the United States. (b) Regulated, supervised and examined by United States federal or state authorities having regulat…
A.R.S. § 20-3602 Credit allowed a domestic ceding insurer; definition
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1. The valuation of assets or reserve credits. 2. The amount and forms of security supporting reinsurance arrangements described in section 20-3603, subsection B. 3. The circumstances pursuant to which credit will be reduced or eliminated. B. Credit shall be allowed under subsect…
A.R.S. § 20-3603 Asset or reduction from liability for reinsurance ceded by a domestic insurer to an assuming insurer
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1. The valuation of assets or reserve credits. 2. The amount and forms of security supporting reinsurance arrangements described in subsection B of this section. 3. The circumstances pursuant to which credit will be reduced or eliminated. B. The reduction shall be in the amount o…
A.R.S. § 20-3604 Rules
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B. The rules may include regulation of reinsurance arrangements relating to any of the following: 1. Life insurance policies with guaranteed nonlevel gross premiums or guaranteed nonlevel benefits. 2. Universal life insurance policies with provisions resulting in the ability of a…
A.R.S. § 20-3605 Reinsurance agreements affected
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[Repealed or reserved.]