Arizona Revised Statutes (Last Updated: March 31, 2016) |
Title 44. Trade and Commerce |
Chapter 11. REGULATIONS CONCERNING PARTICULAR BUSINESSES |
Article 7. Credit Services |
Sec 44-1704. Information statement; necessity and time of delivery to buyer; acknowledgment of delivery; retention on file
Latest version.
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Before the execution of a contract or agreement between the buyer and a credit services organization or before the receipt by the credit services organization of monies or other valuable consideration, whichever occurs first, the credit services organization shall provide the buyer with a statement, in writing, containing all the information required by section 44-1705. The credit services organization shall maintain on file or microfilm for a period of two years an exact copy of the statement, personally signed by the buyer, acknowledging receipt of a copy of the statement.