What is the purpose of the Arizona Corporation Commission?

The Arizona Corporation Commission plays a critical role in overseeing the business landscape of the state, primarily focusing on the regulation of public utilities and corporations. Its responsibilities include ensuring that utility companies provide safe and reliable services at fair rates, protecting consumers and maintaining competitiveness in the market. Additionally, the commission is tasked with overseeing the incorporation of businesses and ensuring compliance with state laws, thereby fostering a transparent and fair business environment. This mandate underscores its importance in maintaining both consumer interests and the orderly operation of the financial and corporate sectors within Arizona.