§ 4.1.3
| Jurisdiction | Arizona |
§ 4.1.3 Remedies for Registration Violations
Sections 44-2001 and 44-2002 establish the remedies for registration violations.
Section 44-2001(A) provides:
A sale or contract for sale of any securities to any purchaser in violation of § 44-1841 or 44-1842 [these are registration statutes] or article 13 of this chapter is voidable at the election of the purchaser, and the purchaser may bring an action in a court of competent jurisdiction to recover the consideration paid for the securities, with interest...
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