Arizona § 6-980 Annual renewal; expiration on failure to renew

Arizona Statutes

§ 6-980 — Annual renewal; expiration on failure to renew

Arizona § 6-980

Title 6Arizona Revised Statutes

Ch. 9MORTGAGE BROKERS, MORTGAGE BANKERS AND LOAN ORIGINATORS

Art. 3Commercial Mortgage Bankers

This text of Arizona § 6-980 (Annual renewal; expiration on failure to renew) 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. § 6-980 (2026).

Text

A.For licenses approved on or before March 31, 2009:

1.Licenses that are not renewed by March 31, 2009 are suspended, and the licensee shall not act as a commercial mortgage banker until the license is renewed or a new license is issued pursuant to this article.

2.A person may renew a suspended license by making an application for renewal as prescribed by the deputy director.

3.Licenses that are not renewed by April 30, 2009 expire. A license shall not be granted to the holder of an expired license except as provided in this article for issuing an original license.

B.For licenses approved after or renewed on March 31, 2009:

1.If a license is not renewed by December 31, 2009 and by December 31 of each subsequent year, the license is suspended. The licensee shall not act as a comm

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A. For licenses approved on or before March 31, 2009:

1. Licenses that are not renewed by March 31, 2009 are suspended, and the licensee shall not act as a commercial mortgage banker until the license is renewed or a new license is issued pursuant to this article.

2. A person may renew a suspended license by making an application for renewal as prescribed by the deputy director.

3. Licenses that are not renewed by April 30, 2009 expire. A license shall not be granted to the holder of an expired license except as provided in this article for issuing an original license.

B. For licenses approved after or renewed on March 31, 2009:

1. If a license is not renewed by December 31, 2009 and by December 31 of each subsequent year, the license is suspended. The licensee shall not act as a commercial mortgage banker until the license is renewed or a new license is issued pursuant to this article.

2. A person may renew a suspended license by applying for renewal as prescribed by the deputy director.

3. Licenses that are not renewed by January 31 expire. A license shall not be granted to the holder of an expired license except as provided in this article for issuing an original license.