Arizona § 20-207 - General qualifications to transact insurance
Full text of Arizona Arizona Revised Statutes § 20-207 — General qualifications to transact insurance, with citation guidance and answers to common questions.
§ 20-207. General qualifications to transact insurance
To qualify for and hold authority to transact insurance in this state an insurer shall be otherwise in compliance with the provisions of this title and with its charter powers, and shall be an incorporated stock insurer, an incorporated mutual insurer, a reciprocal insurer, or a Lloyd's association of the same general type as may be formed as a domestic insurer under this title. No foreign or alien insurer shall be authorized to transact insurance in this state which does not maintain reserves as required by article 1 of chapter 3 of this title applicable to the kind or kinds of insurance transacted by such insurer.
Source: official Arizona text · Last verified 2026-08-27
Frequently Asked Questions About Arizona § 20-207
What does Arizona Revised Statutes § 20-207 cover?
Section 20-207 ("General qualifications to transact insurance") 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 § 20-207?
A common citation format is "Arizona Revised Statutes § 20-207" (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 § 20-207 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.