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| 47 | 58 | | An Act |
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| 51 | 62 | | amending section 32-2185.09, Arizona Revised Statutes; relating to real estate. |
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| 57 | 68 | | (TEXT OF BILL BEGINS ON NEXT PAGE) |
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| 61 | 72 | | Be it enacted by the Legislature of the State of Arizona: Section 1. Section 32-2185.09, Arizona Revised Statutes, is amended to read: START_STATUTE32-2185.09. Civil penalties; limitation A. A subdivider or agent who is subject to the jurisdiction of the department, who violates this chapter or any rule adopted or order issued by the commissioner or who engages in any unlawful practices defined in section 44-1522 with respect to the sale or lease of subdivided lands may be assessed a civil penalty by the commissioner, after a hearing, in an amount not to exceed $2,000 for each infraction lot where a violation occurs. An infraction that concerns more than one lot in a subdivision is a single infraction for the purposes of this section. B. A proceeding for imposition of to impose a civil penalty or for suspension to suspend or revocation of revoke a license for a violation of this article or any rule adopted or order issued by the commissioner must be commenced within five years of actual discovery by the department or discovery that should have occurred with the exercise of reasonable diligence by the department. C. A subdivider who sells or leases in this state any lots, parcels or fractional interest in a subdivision without first obtaining a public report from the commissioner except as provided in section 32-2181.01 or 32-2181.02 for a lot or lots created from and after December 31, 2008 and on an order issued by the commissioner may be assessed a civil penalty by the commissioner, after a hearing, in an amount not to exceed $5,000 for each infraction. A proceeding for the imposition of to impose a civil penalty or suspension to suspend or revocation of revoke a license for a violation of this subsection or any rule adopted or order issued by the commissioner must be commenced within five years after actual discovery by the department or discovery that should have occurred with the exercise of reasonable diligence by the department. END_STATUTE |
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| 63 | 74 | | Be it enacted by the Legislature of the State of Arizona: |
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| 65 | 76 | | Section 1. Section 32-2185.09, Arizona Revised Statutes, is amended to read: |
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| 66 | 77 | | |
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| 67 | 78 | | START_STATUTE32-2185.09. Civil penalties; limitation |
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| 69 | 80 | | A. A subdivider or agent who is subject to the jurisdiction of the department, who violates this chapter or any rule adopted or order issued by the commissioner or who engages in any unlawful practices defined in section 44-1522 with respect to the sale or lease of subdivided lands may be assessed a civil penalty by the commissioner, after a hearing, in an amount not to exceed $2,000 for each infraction lot where a violation occurs. An infraction that concerns more than one lot in a subdivision is a single infraction for the purposes of this section. |
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| 70 | 81 | | |
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| 71 | 82 | | B. A proceeding for imposition of to impose a civil penalty or for suspension to suspend or revocation of revoke a license for a violation of this article or any rule adopted or order issued by the commissioner must be commenced within five years of actual discovery by the department or discovery that should have occurred with the exercise of reasonable diligence by the department. |
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| 72 | 83 | | |
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| 73 | 84 | | C. A subdivider who sells or leases in this state any lots, parcels or fractional interest in a subdivision without first obtaining a public report from the commissioner except as provided in section 32-2181.01 or 32-2181.02 for a lot or lots created from and after December 31, 2008 and on an order issued by the commissioner may be assessed a civil penalty by the commissioner, after a hearing, in an amount not to exceed $5,000 for each infraction. A proceeding for the imposition of to impose a civil penalty or suspension to suspend or revocation of revoke a license for a violation of this subsection or any rule adopted or order issued by the commissioner must be commenced within five years after actual discovery by the department or discovery that should have occurred with the exercise of reasonable diligence by the department. END_STATUTE |
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