Arizona § 20-830 - Expenses and investments
Full text of Arizona Arizona Revised Statutes § 20-830 — Expenses and investments, with citation guidance and answers to common questions.
§ 20-830. Expenses and investments
A. The operating and administrative expenses of any such corporation, including all costs in connection with solicitation of subscribers to the corporation and capital expenditures, shall not exceed thirty per cent of paid subscriptions during the first year of operation, twenty-five per cent of paid subscriptions during the second year of operation, and twenty per cent of paid subscriptions in any year thereafter.
B. All funds not set aside for operating expenses shall be placed in a reserve that may be expended only for payment to participating hospitals, physicians, dentists, optometrists, certified registered nurses, registered nurse practitioners, psychologists and chiropractors for services to subscribers, for payment to subscribers for coverage on prescription drugs when provision is so made in subscription contracts, or as a refund to the subscribers. The funds of the corporation shall be invested as prescribed by article 2, chapter 3 of this title for domestic insurers.
Source: official Arizona text · Last verified 2026-08-27
Frequently Asked Questions About Arizona § 20-830
What does Arizona Revised Statutes § 20-830 cover?
Section 20-830 ("Expenses and investments") 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 § 20-830?
A common citation format is "Arizona Revised Statutes § 20-830" (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 § 20-830 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.