Ariz. Admin. Code § R4-28-B1210
The Department may require a developer to deposit earnest money and down payments in a neutral depository based on revocation of a prior public report or specific knowledge of the developer’s failure to meet prior public report obligations. The developer shall deposit earnest money and down payments in a neutral depository if:
Section R4-28-B1210 adopted by final rulemaking at 5 A.A.R. 650, effective February 3, 1999 (Supp. 99-1). Amended by final rulemaking at 31 A.A.R. 4267 (November 7, 2025), effective December 13, 2025 (Supp. 25-4).