Ariz. Admin. Code § R14-4-112 - Impoundment of Funds
Funds held in a depository as a condition to registration shall be deposited in a national bank or a bank organized pursuant to an Act of Congress and supervised by an agency of the United States or by a state bank which is supervised and regulated by an agency of this state or of the United States. Funds so held may only be released by order of the Commission.
Notes
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