Arizona Laws 44-1702. Exemptions
This article does not apply to:
Terms Used In Arizona Laws 44-1702
- Commodity: means any agricultural, grain or livestock product or by-product, any metal or mineral including a precious metal, any gem or gemstone whether characterized as precious, semiprecious or otherwise, any fuel whether liquid, gaseous or otherwise, any foreign currency and all other goods, articles, products or items of any kind. See Arizona Laws 44-1801
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Person: means an individual, partnership, corporation, association, or any other entity of whatever kind or nature. See Arizona Laws 44-1691
- United States: includes the District of Columbia and the territories. See Arizona Laws 1-215
1. A person who is organized, chartered or holding a license or authorization certificate to make loans or extensions of credit pursuant to the laws of this state or the United States and who is subject to regulation and supervision by an official or agency of this state or the United States.
2. A bank or savings and loan institution whose deposits or accounts are eligible for insurance by the federal deposit insurance corporation or the federal savings and loan insurance corporation.
3. A person licensed as a real estate broker by this state if the person is acting within the course and scope of that license.
4. A person licensed to practice law in this state if the person renders services within the course and scope of his practice as an attorney at law.
5. A broker-dealer registered with the securities and exchange commission or the commodity futures trading commission if the broker-dealer is acting within the course and scope of such regulation.
6. Any nonprofit organization exempt from taxation under section 501(c)(3) of the internal revenue code.