2010 Arizona Revised Statutes
Title 20 - Insurance
20-1098.06 Protected cell captive insurers; sponsors; participants
|
20-1098.06. Protected cell captive insurers; sponsors; participants A. A risk retention group shall not be either a sponsor or a participant in a protected cell captive insurer. B. An association, corporation, limited liability company, partnership, trust or any other business entity may be a participant in any protected cell captive insurer formed or licensed under this article. C. A sponsor may be a participant in a protected cell captive insurer. D. A participant need not be a shareholder of a protected cell captive insurer or any affiliate of a protected cell captive insurer. E. Each protected cell shall comply with the restrictions prescribed in section 20-1098.01, subsection A with respect to the risks insured through the protected cell. |
Disclaimer: These codes may not be the most recent version. Arizona may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
