Ariz. Rev. Stat. » Title 20
Arizona Revised Statutes

Ariz. Rev. Stat. § 20-620 (2026)

Order of rehabilitation; termination

✓ current as of May 2026
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A. An order to rehabilitate a domestic insurer shall direct the receiver to take immediate possession of the property of the insurer, to conduct its business and to take such steps toward removal of the causes and conditions which have made rehabilitation necessary as the court may direct.

B. If at any time the receiver deems that further efforts to rehabilitate the insurer would be useless, he may apply to the court for an order of liquidation.

C. The receiver, or any interested person upon due notice to the receiver, at any time may apply to the court for an order terminating the rehabilitation proceedings and permitting the insurer to resume possession of its property and the conduct of its business, but no such order shall be granted except when, after a full hearing, the court has determined that the purposes of the proceeding have been fully accomplished.

Notes of Decisions
Cited in 5 cases, 1969–1998 · leading case: Trimble v. Am. Sav. Life Ins., 733 P.2d 1131 (Ariz. Ct. App. 1986).
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Trimble v. Am. Sav. Life Ins., 733 P.2d 1131 (Ariz. Ct. App. 1986). · cites it 4× “The earlier Trimble memorandum decision and its concurrence agreed that A.R.S. § 20-620(A) 4 authorized the director to formulate a rescission option.”
Diamond Benefits Life Ins. v. Resolute Holdings, Inc., 907 P.2d 63 (Ariz. 1995). · cites it 6× “, AR.S. §§ 20-620, -621. Of course, the director may, in his discretion, appoint special deputy receivers, such as Warfield, who may act in place of the director.”
Irwin v. Pac. Am. Life Ins. Co., 457 P.2d 736 (Ariz. Ct. App. 1969). · cites it 2× “A.R.S. § 20-620 particularly states, in an Arizona addition to the Act: “A.”
AzStar Cas. Co. v. Allied Gen. Agency (In Re Allied Gen. Agency), 229 B.R. 190 (D. Ariz. 1998). · cites it 2× “Appellants point out that Nebraska limits three of the six central remedies to liquidation proceedings, whereas the remedies under Arizona law are available in liquidation and rehabilitation proceedings.”
Kentucky Cent. Life Ins. v. Rozar, 492 P.2d 1184 (Ariz. 1972). · cites it 4× “By A.R.S. § 20-620, subsec. C, in rehabilitation proceedings the Director of Insurance may at any time apply to the court for an order of termination so that a company doing insurance business will be permitted to resume possession of its property and the conduct of its business.”
— Ariz. Rev. Stat. § 20-620(A) — 3 cases
Trimble v. Am. Sav. Life Ins., 733 P.2d 1131 (Ariz. Ct. App. 1986). “The earlier Trimble memorandum decision and its concurrence agreed that A.R.S. § 20-620(A) 4 authorized the director to formulate a rescission option.”
Diamond Benefits Life Ins. v. Resolute Holdings, Inc., 907 P.2d 63 (Ariz. 1995). “, AR.S. §§ 20-620, -621. Of course, the director may, in his discretion, appoint special deputy receivers, such as Warfield, who may act in place of the director.”
AzStar Cas. Co. v. Allied Gen. Agency (In Re Allied Gen. Agency), 229 B.R. 190 (D. Ariz. 1998). “Appellants point out that Nebraska limits three of the six central remedies to liquidation proceedings, whereas the remedies under Arizona law are available in liquidation and rehabilitation proceedings.”
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