A. The attorney general must consult with an applicable agency before admitting a person into the regulatory sandbox. This consultation may include seeking information about:

Terms Used In Arizona Laws 41-5604

  • Action: includes any matter or proceeding in a court, civil or criminal. See Arizona Laws 1-215
  • Applicable agency: means a department or agency of this state established by law to regulate certain types of business activity in this state and persons engaged in such business, including the issuance of licenses or other types of authorization, that the attorney general determines would or may regulate a sandbox participant if the person was not a regulatory sandbox participant. See Arizona Laws 41-5601
  • Person: includes a corporation, company, partnership, firm, association or society, as well as a natural person. See Arizona Laws 1-215
  • Regulatory sandbox: means the program established by this chapter that allows a person to temporarily test an innovation on a limited basis without otherwise being licensed or authorized to act under the laws of this state. See Arizona Laws 41-5601

1. Whether the applicable agency previously has either:

(a) Issued a license or other authorization to the applicant.

(b) Investigated, sanctioned or pursued legal action against the applicant.

2. Whether the applicant could obtain a license or other authorization from an applicable agency after exiting the regulatory sandbox.

B. Notwithstanding subsection A of this section, the attorney general has sole authority to make the final decision whether to admit a person into the regulatory sandbox.

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