Arizona § 20-1098.06 Protected cell captive insurers; sponsors; participants

Arizona Statutes

§ 20-1098.06 — Protected cell captive insurers; sponsors; participants

Arizona § 20-1098.06

Title 20Arizona Revised Statutes

Ch. 4PARTICULAR TYPES OF INSURERS

Art. 14Captive Insurers

This text of Arizona § 20-1098.06 (Protected cell captive insurers; sponsors; participants) is published on Counsel Stack Legal Research, covering Arizona primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ariz. Rev. Stat. Ann. § 20-1098.06 (2026).

Text

A.A risk retention group shall not be either a sponsor or a participant in a protected cell captive insurer.

B.An association, corporation, limited liability company, partnership, trust or any other business entity may be a participant in any protected cell captive insurer formed or licensed under this article.

C.A sponsor may be a participant in a protected cell captive insurer.

D.A participant need not be a shareholder of a protected cell captive insurer or any affiliate of a protected cell captive insurer.

E.Each protected cell shall comply with the restrictions prescribed in section 20-1098.01, subsection A with respect to the risks insured through the protected cell.

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A. A risk retention group shall not be either a sponsor or a participant in a protected cell captive insurer.

B. An association, corporation, limited liability company, partnership, trust or any other business entity may be a participant in any protected cell captive insurer formed or licensed under this article.

C. A sponsor may be a participant in a protected cell captive insurer.

D. A participant need not be a shareholder of a protected cell captive insurer or any affiliate of a protected cell captive insurer.

E. Each protected cell shall comply with the restrictions prescribed in section 20-1098.01, subsection A with respect to the risks insured through the protected cell.