State RegulationsAZ specificDifficulty 2/5
Which Arizona statute serves as the state analogue to the privacy obligations that the Gramm-Leach-Bliley Act imposes on insurers?
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Answer & full 3-part explanation (select an option above, or peek)
Why A is correct
A.R.S. 20-2121 is Arizona's insurance privacy chapter, the state counterpart to the federal Gramm-Leach-Bliley Act (Public Law 106-102). It carries GLBA's financial-privacy principles, protection of nonpublic personal information and notice of sharing practices, into Arizona insurance regulation, so an insurer must look to both the federal act and A.R.S. 20-2121 when handling customer financial data.
Why the other options are wrong
- B) A.R.S. 44-1282 is Arizona's do-not-call statute, not the privacy analogue.
- C) A.R.S. 20-465(D) prohibits producer fees on Medicare supplement policies.
- D) A.R.S. 20-285 governs producer licensing, not information privacy.
Memory hook
State privacy echo: 20-2121.