Arizona § 44-1943 - Power of commission to require bond from dealer
Full text of Arizona Arizona Revised Statutes § 44-1943 — Power of commission to require bond from dealer, with citation guidance and answers to common questions.
§ 44-1943. Power of commission to require bond from dealer
A. The commission may require that any dealer, other than a dealer that is registered under the securities exchange act of 1934, that is registered or making application for registration under this article deliver a bond, payable to the state with sureties, conditioned on the faithful compliance with this chapter by the dealer, and providing that on failure to comply the dealer shall be liable to any person entitled to recovery by reason thereof. The amount of bond shall be determined by the commission and predicated on the character and size of the business to be conducted, the financial condition and business reputation of the dealer and other factors the commission deems pertinent in the circumstances, but in no instance shall any bond exceed twenty-five thousand dollars in respect to any dealer.
B. The commission shall recognize and may require the continuance, or increase in amount, of bonds under its jurisdiction.
Source: official Arizona text · Last verified 2026-08-27
Frequently Asked Questions About Arizona § 44-1943
What does Arizona Revised Statutes § 44-1943 cover?
Section 44-1943 ("Power of commission to require bond from dealer") 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 § 44-1943?
A common citation format is "Arizona Revised Statutes § 44-1943" (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 § 44-1943 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.