1. 1. Depositing with the Director a bond as specified by A.R.S. § 6-991.03(B)(6) and paying to the Director, for deposit into the Mortgage Recovery Fund, the sum of $100 at the time of filing an original or a renewal application pursuant to A.R.S. § 6-991.03(B)(8); or
2. 2. Depositing with the Director a bond as specified by A.R.S. § 6-991.03(B)(6) and depositing with the Director a bond as specified by A.R.S. § 6-991.03(B)(8).

An applicant for a loan originator license shall demonstrate financial responsibility, as required by A.R.S. § 6-991.03, by either:

Historical Note

New Section made by emergency rulemaking at 16 A.A.R. 839, effective April 27, 2010 for 180 days (Supp. 10-2). Section renewed by emergency rulemaking at 16 A.A.R. 2165, effective October 24, 2010 for 180 days (Supp. 10-4). Emergency expired April 21, 2011; new Section made by final rulemaking at 16 A.A.R. 2401, effective April 22, 2011 (Supp. 10-4). Since emergency expired, the emergency rulemaking has been removed. (Supp. 15-1). Amended by final rulemaking at 31 A.A.R. 2321 (July 11, 2025), effective August 17, 2025 (Supp. 25-2).