Arizona § 6-1302 - Scope of chapter; exemptions
Full text of Arizona Arizona Revised Statutes § 6-1302 — Scope of chapter; exemptions, with citation guidance and answers to common questions.
§ 6-1302. Scope of chapter; exemptions
A. Any person who acts as an advance fee loan broker shall register with the deputy director as provided in this chapter. A person who is not exempt under subsection B of this section and who advertises for, solicits or purports to be willing to make or procure a loan or extension of credit for an advance fee is presumed to be engaged in the business of an advance fee loan broker.
B. This chapter does not apply to:
1. Individuals not regularly engaged in the business of making or procuring loans or extensions of credit for an advance fee.
2. A person doing business as allowed by any law of any state or of the United States relating to banks, savings banks, trust companies, savings and loan associations, credit unions, insurance companies, consumer lenders or profit sharing and pension trusts.
3. A person licensed as a mortgage broker, a mortgage banker or a commercial mortgage banker pursuant to chapter 9 of this title.
4. A person who makes a loan with the person's own money or for the person's own investment.
5. A person licensed as a real estate broker or salesperson pursuant to title 32, chapter 20, article 2.
6. A person who is licensed to practice law in this state but who is not actively and principally engaged in the business of making or procuring loans or extensions of credit, if this person renders services in the course of the person's practice as an attorney.
7. An institutional investor as defined in section 6-971 unless the institutional investor advertises for, solicits or holds himself out as willing to make or procure for an advance fee a loan or extension of credit other than a commercial mortgage loan as defined in section 6-971.
8. This state including any political subdivision of this state.
9. The United States or any department or agency of the United States.
Source: official Arizona text · Last verified 2026-08-27
Frequently Asked Questions About Arizona § 6-1302
What does Arizona Revised Statutes § 6-1302 cover?
Section 6-1302 ("Scope of chapter; exemptions") 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 § 6-1302?
A common citation format is "Arizona Revised Statutes § 6-1302" (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 § 6-1302 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.