Arizona § 20-2408 - Restrictions on insurance purchased by purchasing groups
Full text of Arizona Arizona Revised Statutes § 20-2408 — Restrictions on insurance purchased by purchasing groups, with citation guidance and answers to common questions.
§ 20-2408. Restrictions on insurance purchased by purchasing groups
A. A purchasing group may not purchase insurance from a risk retention group that is not chartered in a state or from an insurer which is not admitted in the state in which the purchasing group is located, unless the purchase is effected through a licensed insurance producer.
B. No purchasing group may offer insurance policy coverage prohibited by this title or declared unlawful by the supreme court of this state.
C. A purchasing group which obtains liability insurance from an insurer that is not admitted in this state or a risk retention group shall inform each of the members of the group which have a risk resident or located in this state that the risk is not protected by an insurance insolvency guaranty fund in this state and that the risk retention group or the insurer may not be subject to all insurance laws and rules of this state.
Source: official Arizona text · Last verified 2026-08-27
Frequently Asked Questions About Arizona § 20-2408
What does Arizona Revised Statutes § 20-2408 cover?
Section 20-2408 ("Restrictions on insurance purchased by purchasing groups") 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 § 20-2408?
A common citation format is "Arizona Revised Statutes § 20-2408" (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 § 20-2408 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.