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Arizona Revised Statutes (Last Updated: March 31, 2016) |
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Title 6. Banks and Financial Institutions |
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Chapter 2. BANK ORGANIZATION AND REGULATION |
| Article 1. General Provisions |
| Sec 6-181. Declaration of purposes |
| Sec 6-182. Transition |
| Sec 6-183. Rights, powers and privileges of national banks |
| Sec 6-184. General corporate and banking powers; incidental powers; deposit insurance; federal reserve and home loan bank membership; agency relationship |
| Sec 6-185. Board of directors' meetings; review; report of failure of quorum to meet |
| Sec 6-186. Annual audit and report |
| Sec 6-187. Authority to declare dividends; limitation |
| Sec 6-188. Bonds and insurance; coverage |
| Sec 6-189. Capital obligations; approval; convertibility |
| Sec 6-190. Bank offices; standards and term of approval; closing; automated teller machines |
| Sec 6-191. Foreign banking offices; additional powers; separate accounts; additional offices; definition |
| Sec 6-192. Investments in international and foreign banking and financing corporations; limitation; consent; exceptions |
| Sec 6-193. Bank and holding company subsidiaries; powers |
| Article 2. Banking Permit |
| Sec 6-201. Authority to engage in banking business; exception |
| Sec 6-202. Existing banks |
| Sec 6-203. Application for banking permit; organizational application; final application |
| Sec 6-204. Issuance of banking permit; trust business; conditional approval; hearing; banker's bank; definitions |
| Sec 6-205. Term of permit; surrender; revocation |
| Article 3. Merger, Consolidation and Conversion of National and State Banks |
| Sec 6-211. Definitions |
| Sec 6-212. Resulting national bank |
| Sec 6-215. Retention of nonconforming assets; permission; maximum value |
| Sec 6-216. Continuation of business and corporate entity |
| Sec 6-217. Emergency acquisition of in-state financial institution |
| Article 4. Accounts |
| Sec 6-231. Deposit accounts |
| Sec 6-232. Powers of attorney; notice of revocation; payment after notice |
| Sec 6-233. Adverse claim to bank deposit; court order required; definitions |
| Sec 6-234. Deposit of minor; school saving plan |
| Sec 6-235. Bank deposits in two or more names; payment to survivor |
| Sec 6-236. Payment of deposits in trust |
| Sec 6-237. Payment of deposit to foreign personal representative |
| Article 5. Regulation of Conduct of Business |
| Sec 6-241. Banking days; notice; closing |
| Sec 6-242. Preservation of bank records; regulations; disposal |
| Sec 6-243. Acquisition of property to satisfy or protect loans |
| Sec 6-244. Borrowing by bank; treatment as capital |
| Sec 6-245. Pledge of assets; rediscount; exception to requirement of security |
| Sec 6-246. Permitted investments; limitations |
| Article 6. Reserves |
| Sec 6-271. Reserves against deposits; rule; limitations |
| Sec 6-272. Deposits exempt from reserve requirement |
| Sec 6-273. Form of reserves; limitations |
| Sec 6-275. Computation of reserves |
| Article 7. Arizona Interstate Bank and Savings and Loan Association Act |
| Sec 6-321. Definitions |
| Sec 6-322. Interstate acquisitions; approval of superintendent; exception |
| Sec 6-324. De novo entry by certain financial institutions |
| Sec 6-325. Failure to act on application as approval |
| Sec 6-326. Denial of application; grounds |
| Sec 6-327. Applicable laws and rules; cooperative agreements; contracting exemption |
| Sec 6-328. Deposit concentration limits |
| Sec 6-329. Deposit production offices |
| Sec 6-330. Rights, powers and privileges of out-of-state banks |
| Sec 6-331. Enforcement |
| Article 9. Loans |
| Sec 6-351. Definitions |
| Sec 6-352. Limitations of obligations to a bank; exceptions; definitions |
| Sec 6-353. Obligations of directors, officers and employees; reports |
| Sec 6-354. Loans on capital stock or capital obligations of a bank |
| Sec 6-355. Change loans |
| Article 11. Trust Business |
| Sec 6-381. Authority of bank to engage in the trust business |
| Sec 6-382. Powers of bank as fiduciary |
| Sec 6-383. Identification and segregation of fiduciary assets |
| Sec 6-384. Deposit of fiduciary funds |
| Sec 6-385. Substitution of corporate fiduciary |
| Sec 6-386. Investment by fiduciaries; governmental obligations |
| Article 12. Prohibited Practices; Penalties |
| Sec 6-391. Unauthorized conduct of banking business; false representation |
| Sec 6-394. Prohibited ownership or control of a financial institution and interest in insurer insuring deposits; assets and reserves of insurer |
| Article 13. Liquidation and Dissolution |
| Sec 6-395. Possession by superintendent and receivership |
| Sec 6-395.01. Powers of superintendent in possession |
| Sec 6-395.02. Federal deposit insurance corporation as receiver |
| Sec 6-395.03. Federal deposit insurance corporation power pending judicial proceedings |
| Sec 6-395.04. Right of subrogation of federal deposit insurance corporation |
| Sec 6-395.05. Effect of receivership proceedings on liens and limitations |
| Sec 6-395.06. Rights, powers and duties of a receiver |
| Sec 6-395.07. Sale of bank assets; authority to borrow monies; injunction; hearing |
| Sec 6-395.08. Rejection of contracts and leases on liquidation |
| Sec 6-395.09. Notice to claimants on liquidation |
| Sec 6-395.10. Disposition of unclaimed property |
| Sec 6-395.11. Priority of claims; interest |
| Sec 6-395.12. Payment of claims and distribution to stockholders on liquidation |
| Sec 6-395.13. Voluntary liquidation and dissolution |
| Sec 6-395.14. Voidable transactions |
| Sec 6-395.15. Notice of taking; effect |