Arizona Revised Statutes

Ariz. Rev. Stat. § 20-254.01 (2026)

"Annuities" defined

✓ current as of May 2026
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"Annuities" encompass all agreements to make periodic payments, other than contracts defined by section 20-254 as "life insurance", where the making or continuance of all or of some of a series of such payments, or the amount of any such payment, is dependent upon the continuance of human life. Except as exemption or other provision is made, all provisions in this title applicable to life insurance shall be deemed applicable also to annuities.

Notes of Decisions
Cited in 6 cases, 1992–2004 · leading case: Arizona Life & Disability Ins. Guar. Fund v. Honeywell, Inc., 945 P.2d 805 (Ariz. 1997).
Arizona Life & Disability Ins. Guar. Fund v. Honeywell, Inc., 945 P.2d 805 (Ariz. 1997). · cites it 56× “We granted review to decide whether the ELIC GICs are "annuities" as defined under A.R.S. § 20-254.01 and whether the GICs are "direct contracts" "issued to" Arizona residents as required by A.”
Arizona Life & Disability Ins. Guar. Fund v. Honeywell, Inc., 927 P.2d 806 (Ariz. Ct. App. 1996). · cites it 7× “A.R.S. § 20-254.01 (1990). Honeywell contends that the GIC’s were annuities for two reasons.”
Texas Com. Bank v. Garamendi, 92 Cal. Daily Op. Serv. 9744 (Cal. Ct. App. 1992). “055 (1990); Ariz. Rev. Stat. Ann. § 20-254.01 (1990); Md.”
Krahling v. First Trust Nat'l Ass'n, 944 P.2d 914 (N.M. Ct. App. 1997). “” A.R.S. § 20-254.01 (1990) (emphasis added).”
Unisys Corp. v. Nebraska Life & Health Ins. Guar. Ass'n, 673 N.W.2d 15 (Neb. 2004). “, quoting and citing Ariz. Rev. Stat. § 20-254.01 (1990). The court interpreted the contracts as incorporating the terms of the voluntary retirement plan which they funded.”
Unisys v. Nebraska Life & Health Ins., 673 N.W.2d 15 (Neb. 2004). “, quoting and citing Ariz.Rev.Stat. § 20-254.01 (1990). The court interpreted the contracts as incorporating the terms of the voluntary retirement plan which they funded.”
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