Arizona Revised Statutes Title 6. Banks and Financial Institutions § 6-846.04. Deviations in escrow rates; civil penalty

A. An escrow agent may not deviate from his escrow rates that are in effect pursuant to § 6-846.01.

B. If the deputy director finds that an escrow rate has been charged that deviates from the escrow rate in effect pursuant to § 6-846.01, the escrow agent may be subject to a penalty that is equal to the difference between the rate charged and the allowable rate in effect pursuant to § 6-846.01.

C. If the deputy director finds that an escrow agent knowingly or with such frequency as to indicate a general business practice violated subsection A of this section with respect to a particular provision of the applicable escrow rate, the deputy director, in addition to the penalty imposed under subsection B of this section, may:

D. In addition to penalties imposed under subsection B or C of this section, the deputy director may impose civil penalties pursuant to § 6-132 if the deputy director finds that an escrow agent knowingly violated subsection A of this section with respect to a particular provision of the applicable escrow rate by charging rates that are greater than the rates allowable pursuant to § 6-846.01.