Ariz. Admin. Code § R14-4-124 - Net Worth Requirements for Registration by Description of Commodity Investment Contracts or Commodity Option Contracts
A. An applicant for registration by
description of commodity investment contracts or commodity option contracts
pursuant to A.R.S. §
44-1871,
shall file a financial statement, prepared within 90 days of the date of
application, which indicates to the satisfaction of the Arizona Corporation
Commission a net worth of not less than $75,000.00. Any money, property or
other thing of value utilized by the applicant in order to comply with the
bonding requirements of A.R.S. §
44-1943,
relating to registration as a Dealer in securities, shall be excluded from the
computation of net worth.
B. The
net worth requirements prescribed herein shall be maintained throughout the
period of registration by description and shall be considered a condition
thereof.
Notes
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