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Arizona Revised Statutes - Title 6 Banks and Financial Institutions - Chapter 13 Advance Fee Loan Brokers

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  • 6-1301 - Definitions
    In this chapter, unless the context otherwise requires: 1. "Advance fee" means a fee, interest or other consideration directly or indirectly received by a person...
  • 6-1302 - Scope of chapter; exemptions
    A. Any person who acts as an advance fee loan broker shall register with the superintendent as provided in this chapter. A person who is...
  • 6-1303 - Application for registration
    A. Application for registration as an advance fee loan broker may be made by any person. An application for registration shall be signed by the...
  • 6-1304 - Fees
    Each original application shall be accompanied by a nonrefundable fee of fifty dollars. Each supplemental statement shall be accompanied by a nonrefundable fee of twenty-five
  • 6-1305 - Registration; reporting requirements
    A. The superintendent shall register the applicant as an advance fee loan broker when an applicant has fully complied with the provisions of this chapter...
  • 6-1306 - Register of advance fee loan brokers
    The names and addresses of all persons who have been registered as advance fee loan brokers shall be recorded in a register of advance fee...
  • 6-1307 - Records
    Advance fee loan brokers shall maintain books, records and accounts in connection with transactions involving the receipt and disbursement of funds received by the advance...
  • 6-1308 - Denial, revocation or suspension of registration
    A. The superintendent may deny, revoke or suspend the registration of an advance fee loan broker if the superintendent finds that: 1. The application for...
  • 6-1309 - Prohibited acts
    A. An advance fee loan broker shall not advertise, display, distribute, broadcast or televise or cause or permit to be advertised, displayed, distributed, broadcast or...
  • 6-1310 - Noncompliance not to affect validity of loan
    Failure to comply with the provisions of this chapter does not affect the validity or enforceability of any loan or extension of credit.
  • Last modified: February 19, 2012