Arizona § 20-1722 - Deposit; surplus requirements
Full text of Arizona Arizona Revised Statutes § 20-1722 — Deposit; surplus requirements, with citation guidance and answers to common questions.
§ 20-1722. Deposit; surplus requirements
A. Until October 1, 1985, the provisions of subsection A of section 20-260 shall not apply to primary coverage issued by health care insurers established pursuant to this article.
B. A health care insurance company established pursuant to the provisions of this article shall maintain three hundred thousand dollars as a statutory deposit pursuant to section 20-213 and such deposit shall be held by the state treasurer in accordance with the provisions of chapter 3, article 3 of this title.
C. In addition to the statutory deposit required in subsection B, a health care insurance company shall maintain additional surplus funds in the following amounts:
1. Seven hundred thousand dollars throughout the first year of operation,
2. One million seven hundred thousand dollars throughout the second year of operation, and
3. Two million seven hundred thousand dollars throughout the third year of operation and each subsequent year of operation.
D. The director shall not issue a certificate of authority to an insurer established pursuant to this article until the deposit requirement specified in subsection B and the surplus requirement specified in subsection C for the first year of operation are satisfied.
Source: official Arizona text · Last verified 2026-08-27
Frequently Asked Questions About Arizona § 20-1722
What does Arizona Revised Statutes § 20-1722 cover?
Section 20-1722 ("Deposit; surplus requirements") 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 § 20-1722?
A common citation format is "Arizona Revised Statutes § 20-1722" (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 § 20-1722 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.