§ 20-1097 Definitions
§ 20-1097.01 Exceptions
§ 20-1097.02 Certificate of authority; requirements; issuance
§ 20-1097.03 Deposit required
§ 20-1097.04 Prepaid legal insurance contract provisions
§ 20-1097.05 Prepaid legal insurance contracts; rates
§ 20-1097.06 Contracts for underwriting
§ 20-1097.07 Fees and taxes
§ 20-1097.08 Advertising and solicitation of legal services
§ 20-1097.09 Liability of corporation; civil penalty
§ 20-1097.10 Capital, surplus and reserve requirements
§ 20-1097.11 Assets; valuation; reporting
§ 20-1097.12 Annual statement and information; penalty
§ 20-1097.13 Suspension or revocation of authorization or registration; appeal; civil penalty; rules

Terms Used In Arizona Laws > Title 20 > Chapter 4 > Article 13 - Prepaid Legal Insurance

  • Action: includes any matter or proceeding in a court, civil or criminal. See Arizona Laws 1-215
  • Administrative fee: means a fixed amount paid by a corporation on a periodic basis to a contracted attorney for the contracted attorney's overhead and administrative costs. See Arizona Laws 20-1097
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • corporation: means any corporation organized for the purpose of selling prepaid legal insurance contracts in this state or any insurer licensed pursuant to this title. See Arizona Laws 20-1097
  • department: means the department of insurance and financial institutions. See Arizona Laws 20-101
  • Fraud: Intentional deception resulting in injury to another.
  • including: means not limited to and is not a term of exclusion. See Arizona Laws 1-215
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Person: includes a corporation, company, partnership, firm, association or society, as well as a natural person. See Arizona Laws 1-215
  • Prepaid legal insurance contract: means a contractual obligation to pay or reimburse for specific legal services rendered in the normal and ordinary course of business by an active member of the state bar of Arizona. See Arizona Laws 20-1097
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • Writing: includes printing. See Arizona Laws 1-215