Arizona § 20-391 Joint underwriting and joint reinsurance organizations; filing with director

Arizona Statutes

§ 20-391 — Joint underwriting and joint reinsurance organizations; filing with director

Arizona § 20-391

Title 20Arizona Revised Statutes

Ch. 2TRANSACTION OF INSURANCE BUSINESS

Art. 4.Open Competition Rates and Rating Organizations

This text of Arizona § 20-391 (Joint underwriting and joint reinsurance organizations; filing with director) 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. § 20-391 (2026).

Text

A.Every group, association or other organization of insurers which engages in joint underwriting or joint reinsurance through such group, association or organization or by standing agreement among the members shall file with the director:

1.A copy of its constitution, articles of association and bylaws.

2.A list of its members.

3.The name and address of a resident of this state upon whom notices or orders of the director or process may be served.

B.Every such group, association or other organization shall notify the director promptly of any change in the documents required to be filed with the director.

C.If after a hearing the director finds that any activity or practice of any such group, association or other organization is inconsistent with this article, the director may iss

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A. Every group, association or other organization of insurers which engages in joint underwriting or joint reinsurance through such group, association or organization or by standing agreement among the members shall file with the director:

1. A copy of its constitution, articles of association and bylaws.

2. A list of its members.

3. The name and address of a resident of this state upon whom notices or orders of the director or process may be served.

B. Every such group, association or other organization shall notify the director promptly of any change in the documents required to be filed with the director.

C. If after a hearing the director finds that any activity or practice of any such group, association or other organization is inconsistent with this article, the director may issue a written order specifying the inconsistencies and requiring the discontinuance of such activity or practice.