Arizona Code § 32-742

Revocation or suspension of firm's registration; failure to renew or reinstate; reinstatement; relinquishment
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32-742. Revocation or suspension of firm's registration; failure to renew or reinstate; reinstatement; relinquishment
After notice and an opportunity for a hearing, the board may revoke or suspend a firm's registration or may take disciplinary action for any of the causes enumerated in section 32-741, subsection A or for either of the following:
1. The relinquishment, revocation or suspension of any certificate issued by the board to any owner of the firm. This paragraph does not apply to a suspension for nonregistration pursuant to section 32-741.01.
2. The failure to comply with section 32-731, subsection E.

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