State RegulationsAZ specificDifficulty 2/5
A producer asks which Arizona provision serves as the state analogue to the federal financial privacy law for insurers' handling of customers' nonpublic personal financial information. The correct citation is:
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Answer & full 3-part explanation (select an option above, or peek)
Why B is correct
Arizona's insurance information and privacy protection chapter (A.R.S. 20-2101 through 20-2122) governs insurers' collection, use, and disclosure of personal information, and A.R.S. 20-2121 is the state analogue to the federal financial privacy law for nonpublic personal financial information.
Why the other options are wrong
- A) A.R.S. 20-449 prohibits rebating and has nothing to do with financial information privacy.
- C) A.R.S. 20-297 governs assumed business names used by producers, not consumer information privacy.
- D) A.R.S. 44-1282 governs telephone solicitations and the do-not-call program, not financial data handling.
Memory hook
Financial privacy lives at 20-2121 — Arizona's mirror of the federal rule.