AZ Regulatory Bulletin 2014-02: Filing Fee for Non-Profit Military Mutual Aid Associations

Department of Insurance State of Arizona Office of the Director Telephone: (602) 364-3471 Telecopier: (602) 364-3470 JANICE K. BREWER 2910 North 44th Street, Suite 210 GERMAINE L. MARKS Governor Phoenix, Arizona 85018 Director www.azinsurance.gov REGULATORY BULLETIN 2014-02 1 TO: Non-Profit Military Mutual Aid Associations From: Germaine L. Marks Director Date: April 15, 2014 RE: Filing Fee for Non-Profit Military Mutual Aid Associations This Regulatory Bulletin determines the filing fee for non-profit military mutual aid associations. Arizona’s 51st Legislature, First Regular Session, enacted SB1243 exemption; insurance regulation (Ch. 181), with a September 13, 2013 effective date. The bill included certain defined associations or orders in the list of entities exempt from Title 20 regulation. The law amended ARS §20-861 by defining “association or order” as “any association or order that is a non-profit military mutual aid association, whose members are officers or enlisted, regular or reserve, active, retired or honorably discharged members of the armed forces or sea services of the United States, and whose principal purpose is to provide life insurance and annuities to its members and their dependents or beneficiaries.” The law also amended ARS §20-893 to set forth certain criteria for non-profit military mutual aid associations including required filings, and it authorizes the director of insurance to determine an appropriate filing fee. ARS §20-893(B)(1). The filing fee for the §20-893(B) filings shall be $300.00, effective immediately. Please direct any questions related to this Regulatory Bulletin to Cary Cook at (602) 364-3999 or ccook@azinsurance.gov. 1This Substantive Policy Statement is advisory only. A Substantive Policy Statement does not include internal procedural documents that only affect the internal procedures of the Agency, and does not impose additional requirements or penalties on regulated parties or include confidential information or rules made in accordance with the Arizona Administrative Procedure Act. If you believe that this Substantive Policy Statement does impose additional requirements or penalties on regulated parties you may petition the agency under Arizona Revised Statutes Section 41-1033 for a review of the Statement.