Ariz. Rev. Stat. § 28-4416

Current through L. 2024, ch. 202
Section 28-4416 - Deposits

A broker shall only accept a purchase deposit that is made payable to a motor vehicle dealer. A broker shall not accept a purchase deposit relating to the sale of a motor vehicle unless the motor vehicle is available to the broker at the broker's licensed place of business or is available as prescribed in section 28-4415 at the time either the broker or motor vehicle dealer accepts the deposit.

A.R.S. § 28-4416