Arizona Revised Statutes
Ariz. Rev. Stat. § 20-141 (2026)
Director of the department of insurance and financial institutions; appointment; qualifications; compensation
✓ current as of May 2026
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A. The governor shall appoint a director of the department of insurance and financial institutions pursuant to section 38-211.
B. The director shall:
1. Serve at the pleasure of the governor.
2. Be a person with business experience, including being well versed in insurance and financial institution matters.
3. Receive compensation as determined pursuant to section 38-611.
Notes of Decisions
Cited in 3
cases, 1964–1984 · leading case: Selective Life Ins. v. Equitable Life Assurance Soc'y of the United States, 422 P.2d 710 (Ariz. 1967).
Selective Life Ins. v. Equitable Life Assurance Soc'y of the United States, 422 P.2d 710 (Ariz. 1967). “The new insurance code has retained the delegation of power to license foreign insurance corporations in the office of the director of insurance, but has, by provisions of A.R.S. § 20-141, Subsection A, supra, and by the provision repealing A.”
Wasserman v. Low, 691 P.2d 716 (Ariz. Ct. App. 1984). “…Director of the Department of Insurance do not include investigation of any of the offenses listed in § 2516(2). See A.R.S. § 20-141 et seq.”
Osborne v. Massachusetts Bonding & Ins. Co., 229 F. Supp. 674 (D. Ariz. 1964). “Currently, A.R.S. § 20-141 et seq. 4 Commencing with the year 1916, and throughout the years thereafter until January 1, 1955, Massachusetts filed timely applications with the insurance division of the Corporation Commission for certificates of authority to do business in the…”
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