Arizona § 20-2631 Definitions

Arizona Statutes

§ 20-2631 — Definitions

Arizona·Title 20 Arizona Revised Statutes·Ch. 16 VARIABLE LIFE PRODUCTS·Art. 2 Variable Annuities

In this article, unless the context otherwise requires:

1."Company" means an insurer licensed pursuant to this title to transact life insurance or annuities in this state.

2."Variable annuity" means an individual policy or contract that provides for annuity benefits that vary according to the investment experience of a separate account or accounts that the insurer maintains pursuant to section 20-651 or the corresponding insurance laws of a foreign insurer's domiciliary state.

Free access — add to your briefcase to read the full text and ask questions with AI

In this article, unless the context otherwise requires:

1. "Company" means an insurer licensed pursuant to this title to transact life insurance or annuities in this state.

2. "Variable annuity" means an individual policy or contract that provides for annuity benefits that vary according to the investment experience of a separate account or accounts that the insurer maintains pursuant to section 20-651 or the corresponding insurance laws of a foreign insurer's domiciliary state.

Arizona § 20-2631 (Definitions) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.