Description: This act governs the formation, operation, and management of corporations in Arizona, including aspects relevant to investors and investees.

Scope: It provides detailed rules on corporate governance, shareholder rights, and business operations. The law ensures that businesses comply with fiduciary duties, protecting investors and promoting transparency in the business environment.

Description: This act regulates the conduct of investment managers in Arizona, ensuring that they adhere to ethical standards and fiduciary duties.

Scope: The law ensures that investment advisers and their firms operate transparently, disclose conflicts of interest, and uphold high standards of care and diligence in managing client investments.

Description: Arizona established a crowdfunding exemption to help businesses raise funds from Arizona residents, similar to federal regulations, but tailored for local use.

Scope: Arizona’s crowdfunding exemption allows businesses to raise up to $1 million through online crowdfunding, with limits on individual investments. The exemption provides a more accessible capital-raising option for small businesses while maintaining investor protections.

Description: Arizona's Blue Sky Laws are designed to prevent fraud in the sale of securities within the state.

Scope: These laws require that any securities sold in Arizona be registered, unless exempt, and they outline the registration process for securities offerings. They also include provisions for the registration and regulation of securities brokers and advisers.

Description: This act regulates the sale of securities in Arizona, ensuring that transactions are fair and protecting investors from fraud.

Scope: The Arizona Securities Act requires that securities be registered or qualify for an exemption before being offered for sale. It also regulates brokers, dealers, and investment advisers, imposing penalties for violations.