Ariz. Rev. Stat. » Title 44
Arizona Revised Statutes

Ariz. Rev. Stat. § 44-3131 (2026)

General rule making power of commission; delegation of authority; limitation

✓ current as of May 2026
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A. The commission may adopt rules pursuant to title 41, chapter 6 that are reasonably necessary to carry out the purposes of this chapter.

B. The commission may delegate such authority to the director of securities as is convenient or necessary for the efficient administration of this chapter, except that the commission may not delegate authority to adopt rules or to enter any final order of denial or revocation of licenses of investment advisers or investment adviser representatives.

Notes of Decisions
Cited in 2 cases, 1973–1984 · leading case: Bus. Fin. Servs., Inc. v. AGN Dev. Corp., 694 P.2d 1217 (Ariz. Ct. App. 1984).
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Bus. Fin. Servs., Inc. v. AGN Dev. Corp., 694 P.2d 1217 (Ariz. Ct. App. 1984). · cites it 2× “§ 47-9310 (formerly A.R.S. § 44-3131); 2 (3) Whether, after receiving notice of the security interest held by BFS, AGN was entitled to make payments to individuals and companies that supplied labor and materials in connection with the Bernardino contract in the total amount of…”
Bates & Springer of Arizona, Inc. v. Friermood, 507 P.2d 668 (Ariz. 1973). · cites it 2× “Therefore the question arises whether the landlord lien takes priority over the trust receipt.”
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