Arizona Revised Statutes (Last Updated: March 31, 2016) |
Title 6. Banks and Financial Institutions |
Chapter 2. BANK ORGANIZATION AND REGULATION |
Article 12. Prohibited Practices; Penalties |
Sec 6-391. Unauthorized conduct of banking business; false representation
Latest version.
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It is unlawful for any person to engage in this state in the banking business as defined in section 6-201 or to make use of the word "bank" or any other words in a manner reasonably calculated to convey the impression that the person is engaged in the banking business in this state, unless the act is done by or on behalf of a person having authority under section 6-201.