Article 1. Assets and Liabilities

Sec 20-501. Eligible assets

Sec 20-502. Assets as deductions from liabilities

Sec 20-503. Assets not allowed as deductions from liabilities

Sec 20-504. Reporting assets not allowed

Sec 20-505. Liabilities

Sec 20-506. Unearned premium reserve

Sec 20-507. Unearned premium reserve for marine insurance

Sec 20-508. Reserves for disability insurance

Sec 20-509. Increase of inadequate reserves

Sec 20-510. Standard valuation law; operative date; definitions

Sec 20-511. Valuation of bonds; limitation

Sec 20-512. Valuation of other securities

Sec 20-512.01. Valuation of joint ventures, partnerships and limited liability companies

Sec 20-513. Valuation of real and personal property

Sec 20-514. Valuation of purchase money mortgages

Sec 20-515. Valuation of assets held in separate accounts

Sec 20-516. Reserve standards

Sec 20-517. Report of acquisitions and dispositions

Sec 20-518. Acquisitions and dispositions of assets

Sec 20-519. Nonrenewals, cancellations or revisions of ceded reinsurance agreements

Article 2. Investments

Sec 20-531. Scope of article

Sec 20-532. Eligible investments

Sec 20-533. Qualification of securities or property as eligible investments

Sec 20-534. Approval of investment

Sec 20-535. Limitation on percentage of assets invested with single person; exception

Sec 20-536. Investments; type; limitations

Sec 20-536.01. Separate accounts

Sec 20-537. Investment of funds in United States obligations; accounting

Sec 20-538. Securities of states, territories, counties, municipalities, school districts, political subdivisions, public districts or civil divisions thereof

Sec 20-539. Federally guaranteed loans

Sec 20-540. Governmental revenue bonds and obligations; limitation; definitions

Sec 20-541. Improvement district obligations

Sec 20-543. Acceptances and bills of exchange

Sec 20-544. Corporate obligations

Sec 20-545. Preferred, guaranteed or preference stock

Sec 20-546. Common stocks

Sec 20-547. Equipment trust certificates

Sec 20-548. Obligations of receivers or trustees

Sec 20-549. Investments not otherwise authorized; limitations; appraisal; cost

Sec 20-550. Policy loans

Sec 20-551. Investments or deposits in financial institutions

Sec 20-552. Foreign securities

Sec 20-552.01. Canadian investments; definition

Sec 20-553. Mortgages on real estate; definitions

Sec 20-554. Purchase money mortgages

Sec 20-555. Security agreements; definition

Sec 20-556. Real property

Sec 20-557. Second mortgages

Sec 20-558. Investment company or trust; mutual funds

Sec 20-559. Investments of foreign and alien insurers

Sec 20-560. Derivative transactions; definitions

Sec 20-561. Collateral loans

Sec 20-562. Insurer investments; partnerships; limited liability companies; limitations

Article 3. Administration of Deposits

Sec 20-581. Deposits of insurers

Sec 20-582. Purpose of deposits

Sec 20-583. Assets eligible for deposit

Sec 20-584. Trust companies as depositaries

Sec 20-585. Responsibility of state for safekeeping of deposits

Sec 20-586. Rights of insurer during solvency

Sec 20-587. Excess deposits

Sec 20-588. Release of deposits

Sec 20-589. Levy upon deposits prohibited; exception

Article 4. Rehabilitation and Liquidation

Sec 20-611. Definitions

Sec 20-612. Delinquency proceedings; jurisdiction; venue; nature of remedy; appeal

Sec 20-613. Commencement of delinquency proceedings

Sec 20-614. Injunctions

Sec 20-615. Grounds for rehabilitation of domestic insurers

Sec 20-616. Grounds for liquidation

Sec 20-617. Grounds for conservation of foreign insurers

Sec 20-618. Grounds for conservation of alien insurers

Sec 20-619. Grounds for ancillary liquidation of foreign insurers

Sec 20-620. Order of rehabilitation; termination

Sec 20-621. Order of liquidation of domestic insurers

Sec 20-622. Order of liquidation of alien insurers

Sec 20-623. Order of conservation or ancillary liquidation of foreign or alien insurers

Sec 20-623.01. Conduct of all delinquency proceedings

Sec 20-624. Conduct of delinquency proceedings against domestic and alien insurers

Sec 20-625. Conduct of delinquency proceedings against foreign insurers

Sec 20-626. Claims of nonresidents against domestic insurers

Sec 20-627. Claims against foreign insurers

Sec 20-628. Proof of claims; notice; hearing

Sec 20-629. Priority of distribution; definition

Sec 20-630. Attachment and garnishment of assets

Sec 20-631. Uniform insurers liquidation act

Sec 20-632. Deposit of monies collected

Sec 20-634. Borrowing on pledge of assets

Sec 20-635. Rights and liabilities fixed as of date liquidation order filed

Sec 20-636. Voidable transfers

Sec 20-637. Qualified financial contracts; definition

Sec 20-638. Offsets

Sec 20-639. Allowance of certain claims

Sec 20-640. Time to file claims

Sec 20-641. Report for assessment

Sec 20-642. Levy of assessment

Sec 20-643. Order to pay assessment

Sec 20-644. Publication and service of assessment order

Sec 20-645. Judgment upon assessment

Sec 20-646. Cooperation with Arizona property and casualty insurance guaranty fund and life and disability insurance guaranty fund

Sec 20-647. Giving guaranty fund or association immediate access to assets

Sec 20-648. Receivership liquidation fund; purpose; deposit; expenses of receivership; deputy receiver; powers and duties

Sec 20-649. Extension of time

Sec 20-650. Recovery of shareholder liability

Article 5. Separate Accounts

Sec 20-651. Establishment of separate accounts; income, gains and losses; variable benefits; requirements; reserves

Article 6. Administration of Insolvency

Sec 20-661. Definitions

Sec 20-662. Insurance guaranty fund

Sec 20-663. Guaranty fund board; composition; compensation

Sec 20-664. Powers and duties of the board

Sec 20-665. Plan of operation

Sec 20-666. Assessments; notification; exemptions; setoffs; refunds

Sec 20-667. Obligations of the fund

Sec 20-668. Powers and duties of the director

Sec 20-669. Examination of member insurer; costs; release of report

Sec 20-670. Meetings; information; subpoena power; confidentiality

Sec 20-671. Special meetings closed

Sec 20-672. Effect of paid claims

Sec 20-673. Nonduplication of recovery; exhausting all other applicable coverages; rights of fund and member insurer; definition

Sec 20-674. Premium tax offset

Sec 20-675. Immunity and indemnification

Sec 20-676. Stay of proceedings

Sec 20-677. Interest

Sec 20-678. Examination of the fund; annual report

Sec 20-679. Limitations on filing of creditor's claims

Sec 20-680. Exempt types of insurance

Article 7. Administration of Life and Disability Insurance Insolvencies

Sec 20-681. Definitions

Sec 20-682. Coverage; limitations

Sec 20-683. Life and disability insurance guaranty fund

Sec 20-684. Guaranty fund board; meetings; definition

Sec 20-685. Powers and duties of the fund

Sec 20-686. Assessments

Sec 20-687. Plan of operation

Sec 20-688. Duties and powers of the director

Sec 20-689. Prevention of impairments

Sec 20-690. Financial provisions

Sec 20-691. Examination of the fund; annual report

Sec 20-692. Premium tax offset

Sec 20-693. Immunity

Sec 20-694. Stay of proceedings; reopening default judgments

Sec 20-695. Statute of limitations

Article 8. Life and Health Actuarial Opinion and Memorandum Requirements

Sec 20-696. Scope of article

Sec 20-696.01. Definitions

Sec 20-696.02. General requirements; statement of actuarial opinion; qualified actuary; appointed actuary; analysis

Sec 20-696.03. Statement of actuarial opinion based on an asset adequacy analysis

Sec 20-696.04. Description of actuarial memorandum including an asset adequacy analysis and regulatory asset adequacy issues summary

Article 9. Property and Casualty Actuarial Opinion Requirements

Sec 20-697. Property and casualty actuarial opinions; limitation of liability

Sec 20-697.01. Confidentiality; sharing of information

Article 10. Audited Financial Reports

Sec 20-698. Annual audited financial reports

Sec 20-698.01. Rule making; exemption from rule making procedures