Arizona § 44-1811 Director of securities

Arizona Statutes

§ 44-1811 — Director of securities

Arizona § 44-1811

Title 44Arizona Revised Statutes

Ch. 12SALES OF SECURITIES

Art. 2Administrative Personnel

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Bluebook

Ariz. Rev. Stat. Ann. § 44-1811 (2026).

Text

A.The commission shall appoint a director of securities, subject to removal at the pleasure of the commission, at compensation as determined pursuant to section 38-611, who shall, subject to the authority and under the supervision of the commission, be the administrator of the division. The director of securities shall be a person at least thirty years of age and shall be qualified by any or all of the following:

1.At least five years of experience and training in corporate finance, investment banking, accounting principles or securities.

2.A college or graduate degree in business administration, the major subjects of which have relation to investment banking or corporate finance.

3.A law degree and at least five years of legal experience and training in securities.

B.The directo

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A. The commission shall appoint a director of securities, subject to removal at the pleasure of the commission, at compensation as determined pursuant to section 38-611, who shall, subject to the authority and under the supervision of the commission, be the administrator of the division. The director of securities shall be a person at least thirty years of age and shall be qualified by any or all of the following:

1. At least five years of experience and training in corporate finance, investment banking, accounting principles or securities.

2. A college or graduate degree in business administration, the major subjects of which have relation to investment banking or corporate finance.

3. A law degree and at least five years of legal experience and training in securities.

B. The director of securities shall devote the director's entire time to the discharge of the duties of the office.