Arizona Revised Statutes (Last Updated: March 31, 2016) |
Title 20. Insurance |
Chapter 4. PARTICULAR TYPES OF INSURERS |
Article 10. Domestic Life and Disability Reinsurer |
Sec 20-1090. Reorganization; limitation
Latest version.
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Any domestic life and disability reinsurer, with appropriate powers in its articles of incorporation and with the necessary capital and surplus, and upon application to the director, may become a domestic life and disability insurer free from the restrictions otherwise imposed by this article. Except as provided in subsection B of section 20-1089, domestic life and disability reinsurers shall not have authority to transact insurance directly with the public.