Arizona § 20-1602 - Scope and repeal
Full text of Arizona Arizona Revised Statutes § 20-1602 — Scope and repeal, with citation guidance and answers to common questions.
§ 20-1602. Scope and repeal
A. All consumer credit insurance issued, sold or made effective in connection with a loan or other credit transaction for personal, family or household purposes is subject to this article and to all other provisions of this title not inconsistent with this article. Any provision of other law, general or special, that is inconsistent with this article is repealed to the extent of the inconsistency. In addition, all consumer credit insurance issued or made effective relative to consumer lender loans under title 6, chapter 5 is subject to this article.
B. The following consumer credit insurance transactions are not subject to this article:
1. Insurance on credit transactions of more than fifteen years duration.
2. Insurance written in connection with a credit transaction that is secured by a first mortgage or deed of trust and made to finance the purchase of real property or the construction of a dwelling or to refinance a prior credit transaction made for such a purpose.
3. Insurance sold as an isolated transaction on the part of the insurer and not related to an agreement or a plan for insuring debtors of the creditor.
4. Insurance for which no identifiable charge is made to the debtor.
Frequently Asked Questions About Arizona § 20-1602
What does Arizona Revised Statutes § 20-1602 cover?
Section 20-1602 ("Scope and repeal") 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 § 20-1602?
A common citation format is "Arizona Revised Statutes § 20-1602" (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 § 20-1602 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.