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Laws and Rules

Arizona Revised Statutes

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


Arizona Administrative Code Title 20



R20-4-101. Scope of Article
R20-4-102. Definitions
R20-4-103. Fingerprints
R20-4-104. Acceptance of Other Forms
R20-4-105. Claims Against a Deposit in Place of Bond
R20-4-106. Bankruptcy
R20-4-107. Licensing Time-frames
Table A. Licensing Time-frames


R20-4-301. Fidelity Bond -- A.R.S. § 6-420
R20-4-302. Repealed
R20-4-303. Separate Trust Account -- A.R.S. § 6-449(C)(3)
R20-4-304. Publication of Intent to Organize -- A.R.S. § 6-123
R20-4-305. Repealed
R20-4-306. Repealed
R20-4-307. Repealed
R20-4-308. Repealed
R20-4-309. Sale and Servicing of Loans -- A.R.S. §§ 6-451, 6-402
R20-4-310. Reserved
R20-4-311. Repealed
R20-4-312. Repealed
R20-4-313. Reserved
R20-4-314. Repealed
R20-4-315. Repealed
R20-4-316. Repealed
R20-4-317. Repealed
R20-4-318. Service Corporations -- A.R.S. § 6-446(5)
R20-4-319. Repealed
R20-4-320. Repealed
R20-4-321. Repealed
R20-4-322. Repealed
R20-4-323. Repealed
R20-4-324. Give-aways -- A.R.S. § 6-444
R20-4-325. Appraisal Requirements -- A.R.S. § 6-457
R20-4-326. Capital Notes and Debentures -- A.R.S. § 6-405.01
R20-4-327. Application for Permit to Organize a New Association -- A.R.S. § 6-408
R20-4-328. Application for Approval to Establish a Branch Office -- A.R.S. § 6-475
R20-4-329. Repealed
R20-4-330. First Payment Date on Loans -- A.R.S. § 6-449(E)
R20-4-331. Repealed


R20-4-1102. Capital structure of savings and loan associations; defined


Substantive Policy Statements - N/A

 Regulatory Alerts - N/A