20-218.01 - Arizona Statutes

20-218.01. Appointment of a statutory agent A. Each domestic insurer shall have and continuously maintain in this state: 1. A known place of business which may be the office of its statutory agent. 2. A statutory agent, which agent may be the director, an individual, who has been a resident of this state for three years, a domestic corporation or a foreign corporation authorized to transact business in this state. B. Failure to appoint a statutory agent by a domestic insurer may result in the revocation or suspension of such insurer's certificate of authority. C. The appointment required herein shall be filed with the director.