A salesman who is registered under this chapter and who is a member of the Arizona national guard, the United States armed forces reserves or the regular component of the United States armed forces shall remain eligible to receive compensation for transactions under this chapter while the salesman is on federal active duty or while temporarily with a disability following federal active duty if the salesman’s registration is in approved status or has been placed in a specially designated inactive status by the financial industry regulatory authority.

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Terms Used In Arizona Laws 44-1950

  • Salesman: means an individual, other than a dealer, employed, appointed or authorized by a dealer to sell securities in this state. See Arizona Laws 44-1801
  • United States: includes the District of Columbia and the territories. See Arizona Laws 1-215