Section R15-2E-203. Procedure to Recover Exempt Status


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  • A.      Any organization denied exemption under A.R.S. § 43- 1201(4), due to the provisions of A.R.S. §§ 43-1211 or 43- 1212 may file a new claim for exemption with the Department. The claim shall contain the information generally required of an organization claiming exemption under A.R.S. § 43-1201 and an affidavit that the organization has ceased engaging in any transactions prohibited by A.R.S. § 43-1213 and will not knowingly engage in a prohibited transaction. An authorized principal officer of the organization shall sign the affidavit.

    B.       The Department shall notify the organization in writing if it has satisfied all exemption requirements.

Historical Note

Recodified at 6 A.A.R. 2308, filed in the Office of the Secretary of State June 2, 2000 (Supp. 00-2). Amended by final rulemaking at 7 A.A.R. 2326, effective May 14, 2001 (Supp. 01-2).