Arizona § 20-1098.16 Captive manager

Arizona Statutes

§ 20-1098.16 — Captive manager

Arizona § 20-1098.16

Title 20Arizona Revised Statutes

Ch. 4PARTICULAR TYPES OF INSURERS

Art. 14Captive Insurers

This text of Arizona § 20-1098.16 (Captive manager) 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. § 20-1098.16 (2026).

Text

A captive insurer shall engage a manager who shall maintain the books and records of the captive insurer’s business, transactions and affairs at a location that is in this state and that is accessible to the director.  The captive manager shall promptly notify the director of any failure of the captive insurer to comply with this article.  The director may require a captive insurer to discharge a captive manager for failure to substantively fulfill the captive manager’s duties under this article.

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A captive insurer shall engage a manager who shall maintain the books and records of the captive insurer’s business, transactions and affairs at a location that is in this state and that is accessible to the director. The captive manager shall promptly notify the director of any failure of the captive insurer to comply with this article. The director may require a captive insurer to discharge a captive manager for failure to substantively fulfill the captive manager’s duties under this article.