20-1098.13. Associations; benefits; prohibitions
90 words·~1 min read·
/az/title-20/20-1098-13·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Except as otherwise provided in section 20-1098.01, subsection B for a self-insurance program approved under section 23-961, a captive insurer shall not join or contribute financially to any plan, pool, association or guaranty or insolvency fund in this state. A captive insurer or its insured, a parent, an affiliate, group members, a member organization of an association or a claimant under any captive insurance shall not receive any benefit from the plan, pool, association or guaranty or insolvency fund for claims arising out of the operations of the captive insurer.