Arizona § 20-1229 - Authorized deductions from insurance proceeds
Full text of Arizona Arizona Revised Statutes § 20-1229 — Authorized deductions from insurance proceeds, with citation guidance and answers to common questions.
§ 20-1229. Authorized deductions from insurance proceeds
In determining the amount due under any life insurance policy issued, deduction may be made of:
1. Any unpaid premiums or installments thereof for the current policy year due under the terms of the policy.
2. The amount of principal and accrued interest of any policy loan or other indebtedness against the policy then remaining unpaid.
Source: official Arizona text · Last verified 2026-08-27
Frequently Asked Questions About Arizona § 20-1229
What does Arizona Revised Statutes § 20-1229 cover?
Section 20-1229 ("Authorized deductions from insurance proceeds") 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 § 20-1229?
A common citation format is "Arizona Revised Statutes § 20-1229" (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 § 20-1229 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.