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The Arizona Structured Settlement Protection Statute
The Arizona Structured Settlement Protection StatuteArizona Revised Statutes AnnotatedTitle 12. Courts And Civil ProceedingsChapter 20Article 1. General ProvisionsAZ Revised Statute Ann §§ 12-2901–12-2904 § 12-2901. DefinitionsIn this chapter, unless the context otherwise requires: 1. “Annuity issuer” means an insurer that has issued a contract that is used to fund periodic payments under a structured settlement. 2. “Dependents” includes a payee’s spouse and minor children and all other family members and other persons for whom the payee is legally obligated to provide support, including alimony. 3. “Discounted present value” means the present value of future payments, as determined by discounting the […]