Arizona § 20-1223 - Dividends on annuities
Full text of Arizona Arizona Revised Statutes § 20-1223 — Dividends on annuities, with citation guidance and answers to common questions.
§ 20-1223. Dividends on annuities
If an annuity or pure endowment contract, other than a reversionary, survivorship or group annuity, is participating, there shall be a provision that the insurer shall annually ascertain and apportion any divisible surplus accruing on the contract.
Frequently Asked Questions About Arizona § 20-1223
What does Arizona Revised Statutes § 20-1223 cover?
Section 20-1223 ("Dividends on annuities") is part of the Arizona Revised Statutes, the codified statutory law of Arizona. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Arizona § 20-1223?
A common citation format is "Arizona Revised Statutes § 20-1223" (Arizona). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Arizona law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Arizona official source linked on this page or consult a licensed Arizona attorney.
How does Arizona § 20-1223 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Arizona can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Arizona.