FIDUCIARY LICENSE AZ EXAM ACTUAL EXAM
2026 | ALL QUESTIONS AND CORRECT
ANSWERS | VERIFIED ANSWERS | UPDATED
VERSION
Who is responsible for adopting the rules, implementation and
administration of the certification program? ---------CORRECT ANSWER--
---------------The supreme court
How often and when must a business entity's designated principal file a
list of all their certified fiduciaries and trainees? ---------CORRECT
ANSWER-----------------Annually by June 30th
Who can subpoena witnesses in a disciplinary action? ---------CORRECT
ANSWER-----------------The director
Within how many days is a certificate holder required to notify division
staff of a felony conviction? -------------------------------------10 days
,Upon completion of an investigation, with or without a hearing, the
fiduciary board may impose civil penalt(ies)not to exceed how much for
each violation and not to exceed a total of how much? ---------CORRECT
ANSWER-----------------$500 per violation ; $15,000 total
How many days does a licensee have to notify AOC staff of a
misdemeanor or felony conviction? ---------CORRECT ANSWER-------------
----10 days
Within how many days of receipt for hearing should the hearing be
held? ---------CORRECT ANSWER-----------------60 days
After the disciplinary hearing, how many days does the hearing officer
have to prepare and file a written recommendation? ---------CORRECT
ANSWER-----------------30 days
Within how many days upon expiration or surrender of the license does
the AOC division staff have to return any cash bond not forfeited? -------
--CORRECT ANSWER-----------------120 days
,How many days does AOC staff have to mail the boards final order of
suspension to the certificate holder? ---------CORRECT ANSWER------------
-----2 days
Once a designated principal has provided notice of inability to serve,
how many days does the business entity have to file with the division
staff, the executed principle form, naming the new principal? ---------
CORRECT ANSWER-----------------30 days
How many days from the date of an order of emergency summary
suspend must a hearing be held? ---------CORRECT ANSWER-----------------
10 days
If a business entity's designated principal can no longer serve, how
many days do they have to notify division staff of the new designated
principal? Are the number of days the same for Veterans and Public
Fiduciary? ---------CORRECT ANSWER-----------------14 days, Yes
How many days does the applicant have to notify staff of the relevant
changes to the application? ---------CORRECT ANSWER-----------------5
days
, How many days does a certificate holder have to notify staff of a felony
conviction? ---------CORRECT ANSWER-----------------10 days
Who may direct the AOC staff to conduct an investigation? Who may
initiate a complaint? ---------CORRECT ANSWER-----------------The
director, complaints may be filed by all judicial officers, court
employees, certificate holders, and any person may notify staff
Who develops policies and procedures and appoints/supervised
division staff? ---------CORRECT ANSWER-----------------The director
Who serves as the probable cause panelist to review recommendations
of staff regarding complaints? ---------CORRECT ANSWER-----------------
The deputy director
Who can issue a subpoena, dismiss complaints and refer complaints to
another agency? ---------CORRECT ANSWER-----------------The Division
director
2026 | ALL QUESTIONS AND CORRECT
ANSWERS | VERIFIED ANSWERS | UPDATED
VERSION
Who is responsible for adopting the rules, implementation and
administration of the certification program? ---------CORRECT ANSWER--
---------------The supreme court
How often and when must a business entity's designated principal file a
list of all their certified fiduciaries and trainees? ---------CORRECT
ANSWER-----------------Annually by June 30th
Who can subpoena witnesses in a disciplinary action? ---------CORRECT
ANSWER-----------------The director
Within how many days is a certificate holder required to notify division
staff of a felony conviction? -------------------------------------10 days
,Upon completion of an investigation, with or without a hearing, the
fiduciary board may impose civil penalt(ies)not to exceed how much for
each violation and not to exceed a total of how much? ---------CORRECT
ANSWER-----------------$500 per violation ; $15,000 total
How many days does a licensee have to notify AOC staff of a
misdemeanor or felony conviction? ---------CORRECT ANSWER-------------
----10 days
Within how many days of receipt for hearing should the hearing be
held? ---------CORRECT ANSWER-----------------60 days
After the disciplinary hearing, how many days does the hearing officer
have to prepare and file a written recommendation? ---------CORRECT
ANSWER-----------------30 days
Within how many days upon expiration or surrender of the license does
the AOC division staff have to return any cash bond not forfeited? -------
--CORRECT ANSWER-----------------120 days
,How many days does AOC staff have to mail the boards final order of
suspension to the certificate holder? ---------CORRECT ANSWER------------
-----2 days
Once a designated principal has provided notice of inability to serve,
how many days does the business entity have to file with the division
staff, the executed principle form, naming the new principal? ---------
CORRECT ANSWER-----------------30 days
How many days from the date of an order of emergency summary
suspend must a hearing be held? ---------CORRECT ANSWER-----------------
10 days
If a business entity's designated principal can no longer serve, how
many days do they have to notify division staff of the new designated
principal? Are the number of days the same for Veterans and Public
Fiduciary? ---------CORRECT ANSWER-----------------14 days, Yes
How many days does the applicant have to notify staff of the relevant
changes to the application? ---------CORRECT ANSWER-----------------5
days
, How many days does a certificate holder have to notify staff of a felony
conviction? ---------CORRECT ANSWER-----------------10 days
Who may direct the AOC staff to conduct an investigation? Who may
initiate a complaint? ---------CORRECT ANSWER-----------------The
director, complaints may be filed by all judicial officers, court
employees, certificate holders, and any person may notify staff
Who develops policies and procedures and appoints/supervised
division staff? ---------CORRECT ANSWER-----------------The director
Who serves as the probable cause panelist to review recommendations
of staff regarding complaints? ---------CORRECT ANSWER-----------------
The deputy director
Who can issue a subpoena, dismiss complaints and refer complaints to
another agency? ---------CORRECT ANSWER-----------------The Division
director
