In Arizona, collections of fees fromlicenseesfor the recovery fund stops if the amount exceeds $1 million and will not start again until the fund drops below the said amount. Arizona recovery fund is established to provide relief to an aggrieved individual from the licensee’s fraudulent and deceptive acts or omissions.This fund can be accessed by any aggrieved person who receives a final judgment in a court against a licensee who has committed one or more of the following actions: Theft,Misrepresentation, Concealment, Fraud, or Deceitful activity. The recovery fund is funded by licensees who are required to pay into it, which is collected as part of the licensing fee.However, the fund has a limit of $1 million after which the collection of fees from licensees stops. Also, the fund will not start again until the fund drops below the said amount. This is done to avoid over-collection ormisappropriationof funds.To learn more aboutlicenseesbrainly.com/question/29221870#SPJ11...

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