20-1082. Definitions
128 words·~1 min read·
/az/title-20/20-1082A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
In this article, unless the context otherwise requires:
1. "Affiliated" has the same meaning prescribed in section 20-481.
2. "Credit life and disability reinsurer" means a domestic life and disability reinsurer that reinsures only credit life insurance or credit disability insurance that is issued according to chapter 6, article 10 of this title by an insurer that is authorized to transact insurance in this state, as certified in a form prescribed by the director and reaffirmed annually in conjunction with the annual statement filed pursuant to section 20-223.
3. "Domestic life and disability reinsurer" means an incorporated stock reinsurer holding a certificate of authority to accept insurance ceded by any domestic insurer or foreign insurer.
4. "Unaffiliated" means not affiliated with another insurer as defined in section 20-104.