Bill Text: AZ HB2123 | 2018 | Fifty-third Legislature 2nd Regular | Engrossed
Bill Title: Insurance department; director; residency
Spectrum: Partisan Bill (Republican 2-0)
Status: (Passed) 2018-03-20 - Chapter 32 [HB2123 Detail]
Download: Arizona-2018-HB2123-Engrossed.html
House Engrossed |
State of Arizona House of Representatives Fifty-third Legislature Second Regular Session 2018
|
HOUSE BILL 2123 |
|
|
AN ACT
Amending section 20‑141, Arizona Revised Statutes; relating to the department of insurance.
(TEXT OF BILL BEGINS ON NEXT PAGE)
Be it enacted by the Legislature of the State of Arizona:
Section 1. Section 20-141, Arizona Revised Statutes, is amended to read:
20-141. Director of insurance; appointment; qualifications; compensation
A. There shall be a director of insurance who shall be appointed by the governor pursuant to section 38‑211.
B. The director shall serve at the pleasure of the governor.
C. The director shall be a person well versed in insurance matters who has been a resident of the state for at least three years prior to appointment.
D. The director shall receive compensation as determined pursuant to section 38‑611.