Arizona Statutes
§ 20-612 — Delinquency proceedings; jurisdiction; venue; nature of remedy; appeal
Arizona § 20-612
JurisdictionArizona
Title 20Arizona Revised Statutes
Ch. 3FINANCIAL PROVISIONS AND PROCEDURES
Art. 4Rehabilitation and Liquidation
This text of Arizona § 20-612 (Delinquency proceedings; jurisdiction; venue; nature of remedy; appeal) 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. § 20-612 (2026).
Text
A.The superior court is vested with exclusive original jurisdiction of delinquency proceedings under this article and is authorized to make all necessary and proper orders to carry out the purposes of this article.
B.The venue of delinquency proceedings against a domestic, foreign or alien insurer shall be in Maricopa county.
C.Delinquency proceedings pursuant to this article constitute the sole and exclusive method of liquidating, rehabilitating, reorganizing or conserving an insurer, and a court shall not entertain a petition for the commencement of such proceedings unless it has been filed in the name of the state on the relation of the director of the department of insurance and financial institutions.
D.An appeal shall lie to the supreme court from an order granting or refusing
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Related
State v. Arizona Pension Planning
739 P.2d 1373 (Arizona Supreme Court, 1987)
U.S. Financial Corp. v. Warfield
839 F. Supp. 684 (D. Arizona, 1993)
Diamond Benefits Life Insurance v. Resolute Holdings, Inc.
907 P.2d 63 (Arizona Supreme Court, 1995)
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 practicesCite This Page — Counsel Stack
Bluebook (online)
Arizona § 20-612, Counsel Stack Legal Research, https://law.counselstack.com/statute/az/20-612.