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Arizona Arizona Revised Statutes

§ 6-972 — Exemptions

ARS § 6-972Title 6. Banks and Financial Institutions · Ch. 9. MORTGAGE BROKERS, MORTGAGE BANKERS AND LOAN ORIGINATORS · Art. 3. Commercial Mortgage Bankers

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6-972. Exemptions This article does not apply to: 1. Institutional investors. 2. A person who funds a commercial mortgage loan that was originated and processed by a licensee or by an institutional investor and who meets all of the following conditions:
(a)Does not maintain a place of business in this state in connection with funding commercial mortgage loans.