R20-4-1401. Definitions

In this Article, unless the context otherwise requires: 1. “Examination” means reviewing an applicant’s or licensee’s operations, books, and records for any lawful purpose, including those listed in A.R.S. § 6-124(A). 2. “Investigation” means an inquiry, other than an examination, into the affairs of a licensed or unlicensed entity including a review of the entity’s operations, books, and records, conducted by the Director for any lawful purpose, including those listed in A.R.S. § 6-124(A). 3. “Licensee” means a financial institution or enterprise licensed with the Department.