Transactions by unregistered dealers and salesmen prohibited; classification
Applied in 4 court decisions — leading case Siporin v. Carrington (2001)
Most recently applied in Simon v. Boccarsi (In re Boccarsi) (December 2017)
Court decisions citing this, by year. The dip in the last several years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the most recent years, so recent citations are undercounted.
A. It is unlawful for any dealer to sell or purchase or offer to sell or buy any securities, or for any salesman to sell or offer for sale any securities within or from this state unless the dealer or salesman is registered as such pursuant to the provisions of article 9 of this chapter.
B. A person violating this section is guilty of a class 4 felony.
Official source: Arizona State Legislature. Reproduced from public-domain Arizona statutes; confirm against the official source for the current text. Not legal advice.