Arizona § 20-1243.01 Scope and limitation of article

Arizona Statutes

§ 20-1243.01 — Scope and limitation of article

Arizona § 20-1243.01

Title 20Arizona Revised Statutes

Ch. 6PARTICULAR TYPES OF INSURANCE

Art. 1.Protection in Annuity Transactions

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Bluebook

Ariz. Rev. Stat. Ann. § 20-1243.01 (2026).

Text

A.This article applies to any sale or recommendation of an annuity.

B.This article does not:

1.Affect in any manner any provision of title 44, chapters 12 and 13.

2.Create or imply a private cause of action for a violation of this article or subject a producer to civil liability under the best interest standard of care prescribed in section 20-1243.03 or under standards that govern the conduct of a fiduciary or fiduciary relationship.

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A. This article applies to any sale or recommendation of an annuity.

B. This article does not:

1. Affect in any manner any provision of title 44, chapters 12 and 13.

2. Create or imply a private cause of action for a violation of this article or subject a producer to civil liability under the best interest standard of care prescribed in section 20-1243.03 or under standards that govern the conduct of a fiduciary or fiduciary relationship.