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Bill > HB2044


AZ HB2044

AZ HB2044
Corporation commission; securities; jury trial


summary

Introduced
01/27/2025
In Committee
Crossed Over
Passed
Dead
06/27/2025

Introduced Session

Fifty-seventh Legislature - First Regular Session (2025)

Bill Summary

An Act amending title 44, chapter 12, article 11, Arizona Revised Statutes, by adding section 44-1975; relating to the sales of securities.

AI Summary

This bill adds a new section to Arizona's securities law that provides individuals who are the subject of a Corporation Commission securities proceeding with a guaranteed right to a jury trial, regardless of any existing legal provisions that might previously have limited such a right. Specifically, the bill introduces section 44-1975 to Title 44, Chapter 12, Article 11 of the Arizona Revised Statutes, which explicitly states that a person involved in a securities proceeding conducted by the Arizona Corporation Commission can request and receive a trial by jury. This provision appears to expand legal protections for individuals facing securities-related legal actions by ensuring they have the option of having their case heard and decided by a jury of their peers, rather than solely by administrative or judicial officials.

Committee Categories

Justice

Sponsors (1)

Last Action

House read second time (on 01/28/2025)

bill text


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