2012 Arizona Revised Statutes
Title 6 Banks and Financial Institutions
6-813 License of agent; nontransferable; posting


AZ Rev Stat § 6-813 (through 2nd Reg Sess. 50th Leg. 2012) What's This?

6-813. License of agent; nontransferable; posting

A. A person, except those exempt under section 6-811, shall not engage in or carry on, or hold himself out as engaging in or carrying on, the escrow business or act in the capacity of an escrow agent in this state without first obtaining a license.

B. An escrow agent's license is not transferable or assignable and control of a license shall not be acquired through stock purchase or other devices without the prior written consent of the superintendent.

C. A license shall be kept conspicuously posted in all licensed places of business of the licensee.

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