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2017 Arizona Revised Statutes
Title 6 - Banks and Financial Institutions
§ 6-1218 Prohibited transactions
Universal Citation: AZ Rev Stat § 6-1218 (2017)
6-1218. Prohibited transactions
A person shall not engage in conduct requiring a license under this chapter as an authorized delegate of a principal if that principal is not licensed under this chapter. A person who does so shall be deemed to be the principal seller, issuer or actor, and not merely an authorized delegate, and is liable to the holder, remitter or customer as the principal.
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