Arizona § 20-662 - Arizona property and casualty insurance guaranty fund
Full text of Arizona Arizona Revised Statutes § 20-662 — Arizona property and casualty insurance guaranty fund, with citation guidance and answers to common questions.
§ 20-662. Arizona property and casualty insurance guaranty fund
A. The Arizona property and casualty insurance guaranty fund is established within the department. The fund shall be deposited in a depository designated by the director and shall exercise its powers through a board established pursuant to section 20-663.
B. For the purpose of assessment, the fund shall be divided into three separate accounts:
1. The automobile insurance account.
2. The workers' compensation insurance account.
3. The account for all other insurance to which this article applies.
C. All costs, expenses and liabilities of the fund shall be paid by the fund and shall not be a general obligation of this state.
D. All monies placed in the accounts of the fund may be expended only for the purposes of this article and only for the purposes of the account into which the monies were placed. Monies placed in one of the three separate accounts established by this section may not be used directly or indirectly for any other purpose, including to satisfy an obligation attributable to another account.
Source: official Arizona text · Last verified 2026-08-27
Frequently Asked Questions About Arizona § 20-662
What does Arizona Revised Statutes § 20-662 cover?
Section 20-662 ("Arizona property and casualty insurance guaranty fund") 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 § 20-662?
A common citation format is "Arizona Revised Statutes § 20-662" (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 § 20-662 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.