Arizona § 44-1846 - Powers of commission to exempt certain securities or transactions
Full text of Arizona Arizona Revised Statutes § 44-1846 — Powers of commission to exempt certain securities or transactions, with citation guidance and answers to common questions.
§ 44-1846. Powers of commission to exempt certain securities or transactions
A. The commission may grant, in accordance with rules adopted by the commission, exemptions from registration of securities under articles 6 and 7 of this chapter on written petition and on a showing by the issuer satisfactory to the commission that registration is not essential to the public interest or for the protection of investors by reason of the special characteristics of the securities or transactions or the limited character and duration of the offering or the special characteristics or limited number of the offerees or investors.
B. The rules adopted by the commission pursuant to subsection A of this section shall require, but not be limited to:
1. A disclosure document as prescribed by the commission.
2. A financial statement.
3. Minimum standards for investor suitability.
4. A final confidential report of the offering to be made within thirty days of the conclusion of the offering.
C. Exemptions granted under this section shall each relate to a specific issuer and issue and shall not add any class of securities or transactions to those exempt under sections 44-1843, 44-1843.01 and 44-1844, shall be revocable at the discretion of the commission and shall not relieve the issuer from the application of any of the provisions of this chapter except sections 44-1841 and 44-1842.
D. A petition filed under this section shall be accompanied by a fee as provided in section 44-1861.
Source: official Arizona text · Last verified 2026-08-27
Frequently Asked Questions About Arizona § 44-1846
What does Arizona Revised Statutes § 44-1846 cover?
Section 44-1846 ("Powers of commission to exempt certain securities or transactions") is part of the Arizona Revised Statutes, the codified statutory law of Arizona. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Arizona § 44-1846?
A common citation format is "Arizona Revised Statutes § 44-1846" (Arizona). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Arizona law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Arizona official source linked on this page or consult a licensed Arizona attorney.
How does Arizona § 44-1846 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Arizona can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Arizona.