# A.R.S. § 20-1096.08: 20-1096.08 Nonrenewal, revocation or suspension of certificate of authority

> Arizona · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_AZ_T20_C4_A12_S1096.08

## Section

- **Citation:** A.R.S. § 20-1096.08
- **Heading:** 20-1096.08 Nonrenewal, revocation or suspension of certificate of authority
- **Jurisdiction:** Arizona
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Arizona Code / Title 20 / Chapter 4 / Article 12 / Section 1096.08

## Text

20-1096.08. Nonrenewal, revocation or suspension of certificate of authority

The director may refuse to renew or may revoke or suspend any certificate of authority issued to a mechanical reimbursement reinsurer pursuant to this article if, after notice and a hearing, the director finds any of the following:

1. In the opinion of the director the policy and loss reserves maintained by the mechanical reimbursement reinsurer are insufficient to cover future losses.

2. In the opinion of the director, the mechanical reimbursement reinsurer is insolvent.

3. The mechanical reimbursement reinsurer has not filed its annual report or paid its renewal fee on a timely basis.

4. The mechanical reimbursement reinsurer has violated any provisions of this article.

## Nearby sections

- [A.R.S. § 20-1096 20-1096 Definitions](https://www.frixlaw.com/law-library/statutes/STATE_AZ_T20_C4_A12_S1096.md)
- [A.R.S. § 20-1096.01 20-1096.01 Formation of mechanical reimbursement reinsurer; articles of incorporation](https://www.frixlaw.com/law-library/statutes/STATE_AZ_T20_C4_A12_S1096.01.md)
- [A.R.S. § 20-1096.02 20-1096.02 Capital](https://www.frixlaw.com/law-library/statutes/STATE_AZ_T20_C4_A12_S1096.02.md)
- [A.R.S. § 20-1096.03 20-1096.03 Surplus](https://www.frixlaw.com/law-library/statutes/STATE_AZ_T20_C4_A12_S1096.03.md)
- [A.R.S. § 20-1096.04 20-1096.04 Qualifications](https://www.frixlaw.com/law-library/statutes/STATE_AZ_T20_C4_A12_S1096.04.md)
- [A.R.S. § 20-1096.05 20-1096.05 Annual reports; renewal of certificate of authority](https://www.frixlaw.com/law-library/statutes/STATE_AZ_T20_C4_A12_S1096.05.md)
- [A.R.S. § 20-1096.06 20-1096.06 Filing of cash or alternatives to cash](https://www.frixlaw.com/law-library/statutes/STATE_AZ_T20_C4_A12_S1096.06.md)
- [A.R.S. § 20-1096.07 20-1096.07 Reserves](https://www.frixlaw.com/law-library/statutes/STATE_AZ_T20_C4_A12_S1096.07.md)
- [A.R.S. § 20-1096.08 20-1096.08 Nonrenewal, revocation or suspension of certificate of authority](https://www.frixlaw.com/law-library/statutes/STATE_AZ_T20_C4_A12_S1096.08.md)
- [A.R.S. § 20-1096.09 20-1096.09 Cease and desist order; violation of article](https://www.frixlaw.com/law-library/statutes/STATE_AZ_T20_C4_A12_S1096.09.md)
- [A.R.S. § 20-1096.10 20-1096.10 Rules and regulations](https://www.frixlaw.com/law-library/statutes/STATE_AZ_T20_C4_A12_S1096.10.md)
- [A.R.S. § 20-1096.11 20-1096.11 Scope and limitations of article](https://www.frixlaw.com/law-library/statutes/STATE_AZ_T20_C4_A12_S1096.11.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_AZ_T20_C4_A12_S1096.08. Check the current official text before relying on it. Not legal advice.