reglab/housing_qa huggingface dataset:
AZ Rev Stat § 6-115 (2021)
2021 Arizona Revised Statutes|Title 6 - Banks and Financial Institutions|§ 6-115 - Insurance premium transmitters; timely payment required; civil penalty

6-115.  Insurance premium transmitters;  timely payment required;  civil penalty A. A person who contracts to receive a payment that includes an amount for payment of a mortgage,  deed of trust or any other obligation secured by real estate and any amounts to be tendered for payment of an insurance policy premium,  a property tax assessment or any other collateral obligation shall make timely payment of those amounts,  except as provided in subsection C of this section. B. Monies collected for payment of an insurance policy premium,  a property tax assessment or any other collateral obligation shall be such that the total of the payments collected for each category during the insurance,  tax or other period will approximate the actual insurance premium,  tax or other payment when due. C. A person who contracts to receive and tender monies as described in subsection A of this section and who receives a delinquent payment from the payor shall exercise reasonable diligence in tendering those payments and is not subject to a penalty for failure to make a timely payment of those monies when first due. D. A person who violates this section is subject to a civil penalty under section 6-132.
AZ Rev Stat § 6-116 (2021)
2021 Arizona Revised Statutes|Title 6 - Banks and Financial Institutions|§ 6-116 - Sale of securities; disclosure

6-116.  Sale of securities;  disclosure A. A financial institution doing business in this state or any other person shall not sell or offer to sell equity securities or debt instruments to the public in a financial institution's retail office where deposits are accepted without the prior written approval of the deputy director. B. A financial institution or any other person that receives written approval as prescribed by subsection A of this section and that sells or offers to sell equity securities or debt instruments of the financial institution or the holding company of a financial institution shall disclose to the purchaser prior to any sale that the equity security or debt instrument is not a federally insured deposit and shall provide to the purchaser a disclosure form that is approved by the deputy director. The deputy director may by rule prescribe requirements for the disclosure form. C. A financial institution's or a holding company of the financial institution's application for approval of the disclosure form required by subsection B of this section shall include information describing the policies and procedures that the financial institution or any other person authorized to offer or sell the securities has adopted to ensure that it is marketing the securities with appropriate disclosures regarding the nature of the investment.
AZ Rev Stat § 6-121 (2021)
2021 Arizona Revised Statutes|Title 6 - Banks and Financial Institutions|§ 6-121 - Examination; supervision

6-121.  Examination;  supervision All financial institutions and enterprises shall be subject to examination and supervision by the department.
AZ Rev Stat § 6-122 (2021)
2021 Arizona Revised Statutes|Title 6 - Banks and Financial Institutions|§ 6-122 - Deputy director; authority; duties

6-122.  Deputy director;  authority;  duties A. The deputy director has the authority and responsibility for the discharge of all duties imposed by law on the division. B. The deputy director shall: 1. Examine or cause to be examined each financial institution annually,  except financial institution holding companies,  banks,  savings and loan associations,  credit unions and consumer lenders,  and more frequently if the deputy director considers it necessary. 2. Examine or cause to be examined each bank,  credit union and savings and loan association at the deputy director's discretion but at least once in every twenty-four month period. 3. Examine or cause to be examined the business and affairs of any enterprise and any consumer lender for the purpose of administering and enforcing this title at the deputy director's discretion. 4. Examine or cause to be examined financial institution holding companies as frequently as the deputy director considers necessary to administer and enforce this title. 5. Notwithstanding paragraph 3 of this subsection,  examine or cause to be examined the accounts held in trust by each escrow agent at least once in every two-year period and examine or cause to be examined each escrow agent at least once in every four-year period or more frequently if the deputy director considers it necessary. 6. Publish a consumer information brochure that includes: (a) The finance charges allowed by this state. (b) The types of insurance that may be offered but that are not required by law to be purchased with the granting of a loan. (c) Interest rate limitations on all lenders including amounts that may not be charged to borrowers. (d) Consumer rights and means of recourse from unfair practitioners. 7. Make it a priority to encourage the growth of state-chartered financial institutions in this state and by February 1 of each calendar year notify the governor,  the president of the senate and the speaker of the house of representatives if the total number of state-chartered banks or state-chartered credit unions decreases during the prior calendar year. C. Notwithstanding subsection B,  paragraph 5 of this section,  an escrow agent shall be examined within twelve months when an escrow agent's license is transferred or assigned pursuant to section 6-813 or when control of the license is otherwise acquired.
AZ Rev Stat § 6-124 (2021)
2021 Arizona Revised Statutes|Title 6 - Banks and Financial Institutions|§ 6-124 - Investigations; compelling testimony and the production of documents; self-incrimination

6-124.  Investigations;  compelling testimony and the production of documents;  self-incrimination A. The deputy director may conduct examinations and investigations within or outside this state to determine whether any person has engaged,  is engaging or is about to engage in any act,  practice or transaction which constitutes an unsafe or unsound practice or a violation of any law or rule applicable to persons subject to the jurisdiction of the deputy director or any order of the deputy director or to aid in the enforcement of this title or to aid in adopting rules. B. The deputy director and any examiner or administrative law judge,  in the performance of the deputy director's,  examiner's or administrative law judge's duties,  may take evidence,  examine on oath any person and compel the attendance of witnesses and the production of documents,  books and papers. On refusal to appear or produce,  the deputy director may apply to the superior court in Maricopa county to compel appearance or production. C. All financial institutions and enterprises shall,  on request of the deputy director,  make their books and records available for inspection and examination by the deputy director or the deputy director's examiners.
AZ Rev Stat § 6-125 (2021)
2021 Arizona Revised Statutes|Title 6 - Banks and Financial Institutions|§ 6-125 - Annual examination assessment of financial institutions and enterprises; costs of foreign examination; payment

6-125.  Annual examination assessment of financial institutions and enterprises;  costs of foreign examination;  payment A. Before August 31 of each year the deputy director shall make the following annual assessments: 1. On banks,  the annual assessment set by the deputy director. 2. On savings and loan associations,  a charge not to exceed the annual assessment set for state banks under paragraph 1 of this subsection. 3. On credit unions,  the annual assessment set by the deputy director. B. The deputy director shall assess against the institution or enterprise examined a charge at the rate set by the deputy director but not to exceed $65 per hour for each examiner employed in the following examinations: 1. Any examination of a trust company. 2. Any examination of the trust operation of a bank or a savings and loan association. 3. Any examination of a financial institution ordered by the deputy director in addition to the regular examination required under section 6-122. 4. Any examination of an enterprise ordered by the deputy director. 5. Any examination of a financial institution holding company or international banking facility. 6. Any examination of a consumer lender. C. For a financial institution or enterprise maintaining an office outside this state,  in addition to the annual assessment or examination assessment,  the deputy director shall make an assessment equal to the travel and subsistence expense incurred in the examination of the office in the foreign state or country. Notwithstanding any other limitation prescribed by law,  examiners engaged in examination of a foreign office shall be reimbursed for their necessary travel and subsistence expenses. Reimbursement for examiners' expenses shall be credited to the appropriation account of the department. D. Assessments under this section are due and payable to the department within thirty days after notice of the assessment is mailed by the department. The deputy director shall assess a penalty of $50 for each day after the thirty-day period that the financial institution or enterprise fails to remit the assessment,  unless,  on good cause shown,  a written request for an extension is approved by the deputy director prior to the expiration of the specified time. In no event shall the total penalty exceed the examination assessment. E. The deputy director shall set the amount of the annual assessment to be charged to banks and credit unions. In setting the annual assessment on banks,  the deputy director shall consider the annual assessment set by the comptroller of currency for national banks. In setting the annual assessment on credit unions the deputy director shall consider the annual assessment set by the national credit union administration for federal credit unions.
AZ Rev Stat § 6-127 (2021)
2021 Arizona Revised Statutes|Title 6 - Banks and Financial Institutions|§ 6-127 - Disposition of revenue

6-127.  Disposition of revenue All fees,  charges,  fines and assessments received by the department shall be deposited,  pursuant to sections 35-146 and 35-147,  in the state general fund except as provided in sections 6-135 and 6-135.01.
AZ Rev Stat § 6-128 (2021)
2021 Arizona Revised Statutes|Title 6 - Banks and Financial Institutions|§ 6-128 - Joint examinations; acceptance of federal regulatory and other authorized examinations

6-128.  Joint examinations;  acceptance of federal regulatory and other authorized examinations A. The examination of a financial institution or enterprise may be made in coordination with any authorized federal examination or an examination by another state. The deputy director in the deputy director's discretion may accept the examination report or other information compiled or generated by a federal regulatory authority or by another state regulatory authority that has jurisdiction over the financial institution or enterprise in lieu of any examination authorized or required by the laws of this state. Acceptance of the examination reports shall not be a waiver of the examination assessments provided by law,  and reports so accepted are considered for all purposes as an official report of the department.  B. The deputy director may take any reasonable and lawful action to coordinate the examination of financial institutions or enterprises,  including: 1. Negotiating and entering into cooperative agreements with an agency of another state or of the federal government. 2. Sharing information and reports with persons as prescribed by section 6-129.
AZ Rev Stat § 6-129.01 (2021)
2021 Arizona Revised Statutes|Title 6 - Banks and Financial Institutions|§ 6-129.01 - Enterprise documents open to public inspection

6-129.01.  Enterprise documents open to public inspection All papers,  documents,  reports and other written instruments filed with the deputy director pursuant to the requirements of this title by an enterprise shall be open to public inspection,  except that the deputy director may withhold from public inspection for such time as the deputy director considers necessary any information which in the deputy director's judgment the public welfare or the welfare of the financial enterprise requires to be so withheld.
AZ Rev Stat § 6-130 (2021)
2021 Arizona Revised Statutes|Title 6 - Banks and Financial Institutions|§ 6-130 - Limitation of personal liability

6-130.  Limitation of personal liability No officer or employee of the department shall be liable in any civil action for damages for any act done or omitted in good faith in performing the functions of the department.
AZ Rev Stat § 6-131 (2021)
2021 Arizona Revised Statutes|Title 6 - Banks and Financial Institutions|§ 6-131 - Right to sue and defend in actions; liability limitation; award of fees and other expenses

6-131.  Right to sue and defend in actions;  liability limitation;  award of fees and other expenses A. The director may sue and prosecute or defend in any action or proceeding in any court of this state or any other state or territory and in any court of the United States for the enforcement or protection of any right or pursuit of any remedy necessary or proper in connection with the matters committed to the director for administration or in connection with any financial institution or enterprise under the director's supervision,  or the rights,  liabilities,  property or assets thereof,  and may obtain without bond any order necessary to enforce or protect such rights or remedies,  including any of the following: 1. An order impounding records,  books,  documents,  accounts,  monies,  negotiable instruments or papers and placing such articles in the possession of the director until completion of all proceedings undertaken pursuant to this title. 2. An order appointing a receiver. 3. An order restoring to any person in interest any monies or property,  real or personal,  that may have been acquired or transferred in violation of this title. B. This section does not render the director as such director or otherwise liable to suit except as any other department or agency of the state may be liable under the general law. C. In addition to any costs that are awarded as prescribed by statute,  a court shall award fees and other expenses to the department if the department prevails by an adjudication on the merits in any action brought by the department to enforce the provisions of this title or any rule adopted under this title. The department may apply pursuant to the applicable procedural rules for an award of attorney fees and other expenses authorized under this section and shall include as part of the application evidence of the department's eligibility for the award and the amount sought,  including an itemized statement from the attorneys and experts stating the actual time expended in representing the department and the rate at which the fees were computed. For the purposes of this subsection,  " fees and other expenses"  includes the reasonable expenses of expert witnesses,  the reasonable cost of any study,  analysis,  report,  test or project that is found by the court to be necessary for the preparation of the department's case and reasonable and necessary attorney fees. The department shall deposit any fees or other expenses awarded by a court in the revolving fund established by section 6-135.
AZ Rev Stat § 6-131.01 (2021)
2021 Arizona Revised Statutes|Title 6 - Banks and Financial Institutions|§ 6-131.01 - Appointment of deputy director as receiver; award of property, fees and costs

6-131.01.  Appointment of deputy director as receiver;  award of property,  fees and costs A. The deputy director may be appointed as a receiver of a financial institution or enterprise under the deputy director's supervision. No bond is required of the deputy director for acting as a receiver. B. All reasonable expenses of the department relating or apportioned to a receivership,  including receiver fees and attorney fees,  costs of preliminary or other examinations of the person placed into receivership and expenses relating to the management of any office or other asset of the person placed in receivership,  shall be awarded by the court for payment to the department out of the assets of the receivership. The department shall assess those expenses against the receivership quarterly and shall deposit those amounts in the department receivership revolving fund,  as provided in section 6-135.01. Those assessments have priority over the other creditors of the receivership. Notwithstanding the other provisions of this subsection,  on request by the deputy director,  the court may award personal property of the receivership to the department as partial compensation for the services rendered during the administration of the receivership. C. The deputy director shall maintain a complete accounting of each receivership in which the deputy director is appointed as receiver.
AZ Rev Stat § 6-132 (2021)
2021 Arizona Revised Statutes|Title 6 - Banks and Financial Institutions|§ 6-132 - Violation of title; civil penalty

6-132.  Violation of title;  civil penalty The deputy director may assess a civil penalty in an amount of not more than $5, 000 against a person,  including any officer,  director,  employee,  agent or other person who participates in the conduct of the affairs of the person,  for any knowing violation of any provision of this title or of any rule or order adopted or issued pursuant to this title. If the assessment is not paid in full within thirty days after the service of the notice of the assessment on the person,  the attorney general,  on request of the deputy director,  shall bring an action in the superior court in the county in which a violation of this section is alleged to have occurred in the same manner as the filing of other actions. On the finding of a knowing violation of this section by the defendant in any such action,  the court may enforce the civil penalty imposed by the deputy director or may impose a different civil penalty in an amount as it deems appropriate for each violation. Each day of violation constitutes a separate offense.
AZ Rev Stat § 6-133 (2021)
2021 Arizona Revised Statutes|Title 6 - Banks and Financial Institutions|§ 6-133 - Violations; classification

6-133.  Violations;  classification A. Any person who knowingly violates any provision of this title for which a different penalty is not specifically provided or knowingly violates any rule,  regulation or order issued or promulgated pursuant to this title is guilty of a class 6 felony. Each day of violation shall constitute a separate offense. B. Any person who knowingly makes any false statement,  misrepresentation or false certification in any application,  record,  report,  plan or other document filed or required to be maintained pursuant to this title or under any license,  certificate,  rule,  regulation or order issued pursuant to this title with intent to deceive the deputy director is guilty of a class 3 felony. C. Any person who knowingly makes any false entry or omits a material entry in any record,  report or statement of a financial institution with intent to injure or defraud the financial institution or to deceive the deputy director or any agent or examiner appointed by the deputy director to examine the affairs of the financial institution is guilty of a class 3 felony.
AZ Rev Stat § 6-134 (2021)
2021 Arizona Revised Statutes|Title 6 - Banks and Financial Institutions|§ 6-134 - False statements as to financial condition; classification

6-134.  False statements as to financial condition;  classification Any person who knowingly makes,  circulates or transmits to another a false statement or rumor,  written,  printed or by word of mouth,  which is,  directly or by inference,  derogatory of the financial condition or solvency of any bank,  savings and loan association or credit union is guilty of a class 2 misdemeanor.
AZ Rev Stat § 6-135 (2021)
2021 Arizona Revised Statutes|Title 6 - Banks and Financial Institutions|§ 6-135 - Department revolving fund; use of fund

6-135.  Department revolving fund;  use of fund A. There is established a department revolving fund to be administered by the deputy director under the conditions and for the purposes provided by this section. Monies in the fund are exempt from the provisions of section 35-190,  relating to lapsing of appropriations. B. Any investigative costs,  attorney fees or civil penalties recovered for the state by the attorney general or the deputy director as a result of actions brought pursuant to this title,  whether by final judgment,  settlement or otherwise,  shall be deposited in the department revolving fund. If the unencumbered portion of the fund exceeds $200, 000 at the end of the fiscal year,  all unencumbered monies in excess of $200, 000 shall be deposited in the department receivership revolving fund,  pursuant to section 6-135.01. C. The monies in the fund shall be used by the deputy director and the attorney general for investigative proceedings or for purposes of instituting and prosecuting civil actions pursuant to this title. D. On or before the fifteenth day of February,  May,  August and November of each year,  the deputy director shall file with the governor,  with copies to the director of the department of administration,  the president of the senate and the speaker of the house of representatives,  a full and complete account of the receipts and disbursements from the fund in the previous calendar quarter.
AZ Rev Stat § 6-135.01 (2021)
2021 Arizona Revised Statutes|Title 6 - Banks and Financial Institutions|§ 6-135.01 - Department receivership revolving fund; use of fund

6-135.01.  Department receivership revolving fund;  use of fund A. The department receivership revolving fund is established to be administered by the deputy director. The fund shall consist of monies from the following sources: 1. Monies awarded and received as fees and costs in receiverships in which the deputy director was the receiver,  as provided in section 6-131.01. 2. Monies received from the department revolving fund,  as provided in section 6-135,  subsection B. B. Monies in the fund may be used to pay any costs incurred by the division arising out of the administration of a receivership in which the deputy director is the receiver. C. The director shall submit to the legislature with the department's annual budget request a full and complete account of the department receivership revolving fund through the end of its most recent fiscal year.
AZ Rev Stat § 6-136 (2021)
2021 Arizona Revised Statutes|Title 6 - Banks and Financial Institutions|§ 6-136 - Violation of order or injunction; penalty

6-136.  Violation of order or injunction;  penalty Any person who violates any order or injunction issued by a court of competent jurisdiction pursuant to this title shall,  in addition to any other penalty or remedy for contempt of court,  forfeit and pay to this state a civil penalty of not more than ten thousand dollars for each violation as such court may deem just and proper. For the purpose of this section,  the superior court issuing any order or injunction shall retain jurisdiction and the cause shall be continued. The attorney general acting in the name of this state may petition for recovery of civil penalties pursuant to this section.
AZ Rev Stat § 6-138 (2021)
2021 Arizona Revised Statutes|Title 6 - Banks and Financial Institutions|§ 6-138 - Hearings

6-138.  Hearings The deputy director or an administrative law judge shall conduct hearings,  including hearings relating to orders of the deputy director granting,  denying,  revoking or suspending a permit,  certificate or license provided for under this title,  in accordance with title 41,  chapter 6,  article 10.