ADRE LAW BOOK 2025

1. The name and address of each officer and director, and the name and address of each shareholder controlling or holding more than 10% of the issued and outstanding common shares, or 10% of any other proprietary, beneficial, or membership interest in the corpora tion; 2. A copy of the Articles of Incorporation and any amendments stamped “Received and Filed” by the Arizona Corporation Commission. If more than one year has elapsed between the date the Articles were stamped “Filed” by the Arizona Corporation Commission and the application for the corporate license, a Certificate of Good Standing from the Arizona Corporation Commission is required; 3. A corporate resolution stating that the designated broker was elected or appointed as a corporate officer, naming the office held, and stating that the individual was appointed to act as designated broker for the corporation; 4. A written statement signed by the designated broker stating that: a. The corporation has applied for a broker’s license in Arizona; b. Each officer and director has read the complete application on the named corpo ration as submitted to the Department; c. All the information contained in the application is true; d. The name of the corporation complies with A.R.S. § 10-401 and 4 A.A.C. 28, Article 10, and is not likely to be misleading or confusing; and e. Each corporation is qualified to do business in Arizona; and 5. Any other information required by the Department to verify the applicant’s qualifica tions. D. Limited liability company. In addition to the information provided in subsection (A), an appli cant for an employing broker’s license for a limited liability company shall provide: 1. The name and address of each member and manager, and the name and address of any person controlling or holding more than 10% of the membership interest in the limited liability company; 2. A copy of the Articles of Organization and any amendments stamped “Received and Filed” by the Arizona Corporation Commission. If more than one year has elapsed between the date the Articles were stamped “Filed” by the Arizona Corporation Commission and the application for the limited liability company license, a Certificate of Good Standing from the Arizona Corporation Commission is required; 3. A company resolution signed by all members stating whether management of the lim ited liability company is established as manager-controlled or member-controlled and the name of the member or manager appointed to act as the designated broker; 4. A written statement signed by the designated broker stating that: a. The limited liability company has applied for a broker’s license in Arizona; b. Each member and manager has read the complete application on the limited lia bility company as submitted to the Department; c. All of the information contained in the application is true; d. The name of the limited liability company complies with A.R.S. § 29-602 and 4 A.A.C. 28, Article 10, and is not likely to be misleading or confusing; and e. The limited liability company is qualified to do business in Arizona. 5. A copy of the operating agreement and any amendments; and 6. Any other information required by the Department to verify the applicant’s qualifica tions.

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