The Arizona Revised Statutes have been updated to include the revised sections from the 56th Legislature, 1st Regular Session. Please note that the next update of this compilation will not take place until after the conclusion of the 56th Legislature, 2nd Regular Session, which convenes in January 2024.
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This online version of the Arizona Revised Statutes is primarily maintained for legislative drafting purposes and reflects the version of law that is effective on January 1st of the year following the most recent legislative session. The official version of the Arizona Revised Statutes is published by Thomson Reuters.
44-1862 - Consent to service of process; service on commission
44-1862. Consent to service of process; service on commission
A. If consent to service of process is required under this chapter, such consent shall be in the form prescribed by the commission, shall be irrevocable and shall provide that actions arising out of or involving the sale or purchase of any securities in violation of this chapter may be commenced in any court of competent jurisdiction and proper venue within this state against the person executing the consent by the service of process or pleadings on the commission. The consent to service of process shall appoint the commission.
B. Service of the process or pleading in such action against a person who has filed a consent to service with the commission shall be made by service of duplicate copies, one of which shall be filed in the office of the director and the other immediately forwarded by the director by certified mail to the person against whom the process or pleading is directed at his latest address on file in the office of the director.