Arizona Statutes
§ 20-1230 — Prohibition of dual or multiple pay policies
Arizona·Title 20 Arizona Revised Statutes·Ch. 6 PARTICULAR TYPES OF INSURANCE·Art. 1 Life Insurance and Annuities
No life insurance policy shall be issued or delivered in this state if it provides that on the death of anyone not specifically named therein, the owner or beneficiary of the policy shall receive the payment or granting of anything of value.
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Arizona § 20-1230 (Prohibition of dual or multiple pay policies) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Nearby Sections
15
§ 20-1001
Definitions§ 20-1004
Issuance of certificate of authority§ 20-1005
Deposit requirement; exception§ 20-1006
Reserve requirement; exception§ 20-1009
Annual report to director§ 20-101.01
Deputy director§ 20-1010
Taxes§ 20-1011
Operational expenses§ 20-1012
Prohibited practices