Current through L. 2024, ch. 259
Section 20-1097 - DefinitionsIn 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.Amended by L. 2019, ch. 18,s. 1, eff. 8/27/2019.