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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 3. SAVINGS AND LOAN ASSOCIATIONS |
| Article 1. General Provisions |
| Sec 6-401. Definitions |
| Sec 6-402. Scope of chapter; application to federal associations and federal savings banks |
| Sec 6-403. Prohibitions |
| Sec 6-404. General corporate powers |
| Sec 6-405. Power to borrow |
| Sec 6-405.01. Capital notes and debentures |
| Sec 6-406. Incidental powers |
| Article 2. Formation and Licensing |
| Sec 6-407. Applicants and initial capital |
| Sec 6-408. Application for permit to organize |
| Sec 6-409. Findings and hearings |
| Sec 6-410. Superintendent's approval and issuance of permit to organize |
| Sec 6-411. Subscription to capital and temporary organization |
| Sec 6-412. Completion of organization |
| Sec 6-413. Contents of articles of incorporation |
| Article 3. Membership and Management |
| Sec 6-414. Members |
| Sec 6-415. Members' meetings |
| Sec 6-416. Record date for voting, dividend and other purposes |
| Sec 6-417. Directors |
| Sec 6-418. Waiver of notice |
| Sec 6-419. Officers |
| Sec 6-420. Bonds of officers and employees |
| Sec 6-421. Access to books and records; communication with members |
| Article 4. Capital |
| Sec 6-422. Types of capital; personal property |
| Sec 6-423. Accounts |
| Sec 6-424. Shares of guaranty capital; nature; consideration |
| Sec 6-425. Shares of guaranty capital; authorization of issuance; minimum amount |
| Sec 6-426. Shares of guaranty capital; rights of existing shareholders |
| Sec 6-427. Shares of guaranty capital; advertisement; sales; collection of subscription |
| Sec 6-428. Retirement or reduction of shares of guaranty capital |
| Sec 6-429. Issuance, delivery, and transfer of certificates and account books |
| Sec 6-430. Who may hold capital and membership |
| Sec 6-432. Effect of payment to minor or fiduciary |
| Sec 6-433. Payment on disability or death of holder in his own right of account |
| Sec 6-434. Shares and accounts of certain associations as legal investments; deposit of fiduciary monies |
| Sec 6-435. Voluntary withdrawal of accounts |
| Sec 6-436. Maturity of shares |
| Sec 6-437. Enforced retirement of accounts |
| Sec 6-438. Authorized charges applicable to members |
| Sec 6-439. Accounts subject to liens |
| Sec 6-440. Apportionment of profits |
| Sec 6-442. Dividends and interest |
| Sec 6-443. Bonus plans |
| Sec 6-444. Promotional activities prohibited |
| Article 5. Investments and Powers |
| Sec 6-446. Other investments and powers |
| Sec 6-449. General loan contract provisions |
| Sec 6-450. Modification agreements |
| Sec 6-451. Servicing of loans |
| Sec 6-452. Purchase of real or personal property at forced sale |
| Sec 6-453. Purchase of real estate for office and rental purposes |
| Sec 6-454. Appraisal of real estate owned |
| Sec 6-456. Effect of unauthorized investments and loans; liability of officers |
| Sec 6-457. Appraisals |
| Sec 6-458. Acknowledgments |
| Article 6. Voluntary Corporate Changes |
| Sec 6-459. Amendment of articles of incorporation |
| Sec 6-460. Procedure to amend articles of incorporation |
| Sec 6-461. Existing associations; adoption of articles and by-laws |
| Sec 6-462. Conversion from state to federal association |
| Sec 6-463. Conversion from federal to state association |
| Sec 6-464. Effect of conversion |
| Sec 6-465. Merger of associations or corporations |
| Sec 6-466. Effect of merger |
| Article 7. Voluntary Liquidation |
| Sec 6-467. Authority to liquidate |
| Sec 6-468. Decision as to liquidation; adoption of plan |
| Sec 6-469. Election of liquidators; report; supervision |
| Sec 6-470. Protection and liquidation of assets |
| Sec 6-471. Filing and payment of claims |
| Sec 6-472. Final distribution and dissolution |
| Article 8. Supervision |
| Sec 6-474. Accounting practices and records |
| Sec 6-475. Branch office |
| Sec 6-476. Examination |
| Sec 6-477. Audit by public accountant |
| Sec 6-478. Reports to superintendent and members |
| Sec 6-479. Information to federal authorities |
| Sec 6-482. Receiver; appointment; transfer of assets; powers; liability |
| Sec 6-483. Procedure for liquidation; rights of share transferor |
| Sec 6-484. Illegal use of name; classification |
| Article 9. Rehabilitation and Reorganization |
| Sec 6-486. Rehabilitation of associations; definition of plan |
| Sec 6-487. Proposal of plan; petition; notice of hearing |
| Sec 6-488. Hearing; fairness of plan |
| Sec 6-489. Consents required for plan to operate; exceptions |
| Sec 6-490. Time of giving consents; jurisdiction of court |
| Sec 6-491. Effect of approval and consents |
| Sec 6-492. Appeals |
| Sec 6-493. Securities defined; power to issue under plan |
| Sec 6-494. Authority of fiduciaries |
| Article 10. Miscellaneous Provisions |
| Sec 6-495. Reservation of powers to legislature |
| Sec 6-496. Applicability of other statutes |
| Sec 6-497. Effect on existing associations |