{"data":{"id":"us-az/a.r.s.-40-101","jurisdiction":"us-az","citation":"A.R.S. § 40-101","heading":"Interest of commissioner or employee prohibited in corporation subject to regulation","body":"Notwithstanding any other law, a person in the employ of, or holding an official relation to a corporation or person subject to regulation by the commission, or a person owning stocks or bonds of a corporation subject to regulation, or a person who is pecuniarily interested therein, shall not be elected, appointed to, or hold the office of commissioner or be appointed or employed by the commission. If a commissioner, or appointee or employee of the commission becomes the owner of such stocks or bonds, or becomes pecuniarily interested in such a corporation involuntarily, he shall within a reasonable time divest himself of such stocks, bonds or interest. If he fails to do so, he thereby vacates his office or employment.","path":["Title 40 Public Utilities and Carriers"],"source_url":"https://www.azleg.gov/ars/40/00101.htm","current_through":"2026-09-04","vintage":"2026-08-09","retrieved_at":"2026-09-04T00:49:56Z","sha256":"e53f27cb4839ec0e7f2fae7030ff576d4e1b63a5528e5fb659411fbde8773b14","source_id":"us-az","stale":true,"prev":"us-az/a.r.s.-40-1005","next":"us-az/a.r.s.-40-102"},"notice":"GroundRules: Original legal text. Not legal advice."}