Arizona Administrative Code
Title 14 - PUBLIC SERVICE CORPORATIONS; CORPORATIONS AND ASSOCIATIONS; SECURITIES REGULATION
Chapter 4 - Corporation Commission - Securities
Article 3 - RULES OF PROCEDURE FOR INVESTIGATIONS, EXAMINATIONS, AND ADMINISTRATIVE PROCEEDINGS
Section R14-4-305 - Answers

Universal Citation: AZ Admin Code R 14-4-305

Current through Register Vol. 30, No. 38, September 20, 2024

A. Within 30 calendar days after the date of service of a notice of an opportunity for a hearing, a respondent who has requested a hearing shall file in the record and serve on the Division an answer to the notice.

B. The answer shall contain the following:

1. An admission or denial of each allegation in the notice.

2. The original signature of the respondent or the respondent's attorney.

C. A statement of a lack of sufficient knowledge or information shall be considered a denial of an allegation.

D. An allegation not denied shall be considered admitted.

E. When a respondent intends in good faith to deny only a part or a qualification of an allegation, the respondent shall specify that part or qualification of the allegation and shall admit the remainder.

F. The respondent waives any affirmative defense not raised in the answer.

G. The officer presiding over the hearing may grant relief from the requirements of this Section for good cause shown.

H. The notice of an opportunity for a hearing shall state the requirements with which the person served must comply under this rule.

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