Arizona § 20-1256 Association groups

Arizona Statutes

§ 20-1256 — Association groups

Arizona § 20-1256

Title 20Arizona Revised Statutes

Ch. 6PARTICULAR TYPES OF INSURANCE

Art. 2Group Life Insurance and Group Annuity Contracts

This text of Arizona § 20-1256 (Association groups) 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. § 20-1256 (2026).

Text

The lives of a group of individuals may be insured under a policy issued to an association, or to a trust or to the trustee of a fund established, created or maintained for the benefit of one or more associations. The association, trust or trustee shall be deemed the policyholder, to insure members of the association or associations, employees of the association or associations and employees of members of the association or associations for the benefit of persons other than the association or associations or any of its officials, representatives or agents, subject to the following requirements:

1.The association or associations must have a constitution and bylaws and must be organized and maintained in good faith for a purpose other than obtaining insurance.

2.The policy must cover at

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The lives of a group of individuals may be insured under a policy issued to an association, or to a trust or to the trustee of a fund established, created or maintained for the benefit of one or more associations. The association, trust or trustee shall be deemed the policyholder, to insure members of the association or associations, employees of the association or associations and employees of members of the association or associations for the benefit of persons other than the association or associations or any of its officials, representatives or agents, subject to the following requirements:

1. The association or associations must have a constitution and bylaws and must be organized and maintained in good faith for a purpose other than obtaining insurance.

2. The policy must cover at least two persons at the date of issue.

3. The policy may provide that the term "employees" shall include retired employees.