Arizona § 44-1797.01 Bond; amount; copy; conflict of interest

Arizona Statutes

§ 44-1797.01 — Bond; amount; copy; conflict of interest

Arizona § 44-1797.01

Title 44Arizona Revised Statutes

Ch. 11REGULATIONS CONCERNING PARTICULAR BUSINESSES

Art. 14Discount Buying Services

This text of Arizona § 44-1797.01 (Bond; amount; copy; conflict of interest) 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. § 44-1797.01 (2026).

Text

Each discount buying organization shall maintain a bond in the principal sum of thirty thousand dollars for each outlet of such discount buying organization where contracts for discount buying services are sold or orders for goods are taken. The bond shall be executed by the discount buying organization as principal and issued by a surety company admitted to do business in this state according to the provisions of title 20, chapter 6, article 8. The organization shall file the bond with the state treasurer. No control or beneficial interest may be held by the discount buying organization in the surety company and vice versa.

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Each discount buying organization shall maintain a bond in the principal sum of thirty thousand dollars for each outlet of such discount buying organization where contracts for discount buying services are sold or orders for goods are taken. The bond shall be executed by the discount buying organization as principal and issued by a surety company admitted to do business in this state according to the provisions of title 20, chapter 6, article 8. The organization shall file the bond with the state treasurer. No control or beneficial interest may be held by the discount buying organization in the surety company and vice versa.