28-4416. Deposits
70 words·~1 min read·
/az/title-28/28-4416A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A broker shall only accept a purchase deposit that is made payable to a motor vehicle dealer. A broker shall not accept a purchase deposit relating to the sale of a motor vehicle unless the motor vehicle is available to the broker at the broker's licensed place of business or is available as prescribed in section 28-4415 at the time either the broker or motor vehicle dealer accepts the deposit.