The credit services organization‘s breach of a contract under this article or of any obligation arising from the contract constitutes a violation of this article.

Terms Used In Arizona Laws 44-1707

  • Contract: A legal written agreement that becomes binding when signed.
  • Credit services organization: means a person who, with respect to the extension of credit by others, sells, provides, performs or represents that he can or will sell, provide or perform any of the following services in return for the payment of monies or other valuable consideration:

    (a) Improving a buyer's credit record, history or rating. See Arizona Laws 44-1701

  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
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