20-1090. Reorganization; limitation
69 words·~1 min read·
/az/title-20/20-1090A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Any domestic life and disability reinsurer, with appropriate powers in its articles of incorporation and with the necessary capital and surplus, and upon application to the director, may become a domestic life and disability insurer free from the restrictions otherwise imposed by this article. Except as provided in subsection B of section 20-1089, domestic life and disability reinsurers shall not have authority to transact insurance directly with the public.