Arizona § 32-1053 Denial, revocation or suspension of license

Arizona Statutes

§ 32-1053 — Denial, revocation or suspension of license

Arizona § 32-1053

Title 32Arizona Revised Statutes

Ch. 9COLLECTION AGENCIES

Art. 3Regulation

This text of Arizona § 32-1053 (Denial, revocation or suspension of license) is published on Counsel Stack Legal Research, covering Arizona primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ariz. Rev. Stat. Ann. § 32-1053 (2026).

Text

A.The deputy director may deny a license to a person or suspend or revoke a license pursuant to title 41, chapter 6, article 10 if the deputy director finds that an applicant or licensee:

1.Is insolvent as defined in section 47-1201.

2.Has violated any applicable law, rule or order.

3.Has been convicted in any state of any felony or other crime involving breach of trust or dishonesty.

4.Has had an order entered against the applicant or licensee by an administrative agency of this state, the federal government or any other state of the United States and that order is based on conduct involving fraud, deceit or misrepresentation by the licensee or applicant.

5.Has made a material misstatement or omission on the application for a license or on any document required to be filed with

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A. The deputy director may deny a license to a person or suspend or revoke a license pursuant to title 41, chapter 6, article 10 if the deputy director finds that an applicant or licensee:

1. Is insolvent as defined in section 47-1201.

2. Has violated any applicable law, rule or order.

3. Has been convicted in any state of any felony or other crime involving breach of trust or dishonesty.

4. Has had an order entered against the applicant or licensee by an administrative agency of this state, the federal government or any other state of the United States and that order is based on conduct involving fraud, deceit or misrepresentation by the licensee or applicant.

5. Has made a material misstatement or omission on the application for a license or on any document required to be filed with the deputy director.

B. It is sufficient cause for the denial, suspension or revocation of a license if an officer, director, partner, employee or controlling person of the collection agency has acted or failed to act in a manner that would be cause for denial, suspension or revocation of a license. For purposes of this subsection, "controlling person" means a person who owns more than a twenty percent equity interest in the collection agency and has the power to actively participate in the conduct of the collection agency.