Ariz. Admin. Code § 14-4-133

Current through Register Vol. 30, No. 45, November 8, 2024

Section R14-4-133 - Definition of Partners and Executive Officers

For purposes of the definition of "salesman" contained in A.R.S. § 44-1801, the following definitions shall apply:

1. "Partner" means a general partner or any other partner with the equivalent rights, liabilities, and obligations of a general partner.

2. "Executive officer" means the president, any vice president in charge of a principal business unit or division, the secretary, the treasurer, the chief executive officer, the chief financial officer, the chief operating officer, or an officer who performs a principal policy-making function for a principal business unit or division.

Ariz. Admin. Code § R14-4-133

Adopted effective November 4, 1992 (Supp. 92-4). Amended by final rulemaking at 7 A.A.R. 729, effective January 17, 2001 (Supp. 01-1).