§ 20-1097 Definitions

AZ Rev Stat § 20-1097 (2019) (N/A)
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20-1097. Definitions

In this article, unless the context otherwise requires:

1. " 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.

2. Pay or reimburse for specific legal services does not include payment of an administrative fee only.

3. " 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.

4. " Prepaid legal insurance corporation" or " 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.