Arizona § 6-1108 Failure to act on application as approval

Arizona Statutes

§ 6-1108 — Failure to act on application as approval

Arizona § 6-1108

Title 6Arizona Revised Statutes

Ch. 11FINANCIAL INSTITUTION HOLDING COMPANIES

Art. 1General Provisions

This text of Arizona § 6-1108 (Failure to act on application as approval) is published on Counsel Stack Legal Research, covering Arizona primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ariz. Rev. Stat. Ann. § 6-1108 (2026).

Text

An application that is not denied or approved by the deputy director within sixty days after the application is filed with the deputy director is deemed to be approved by the deputy director as of the first day after the period. The deputy director and the applicant may extend the sixty-day period by agreement. If the deputy director gives notice of a hearing, the sixty-day period is extended to the date fixed by order of the deputy director. For the purposes of this section, an application is not deemed filed until all amendments, supplements and additional information required by the deputy director have been received.

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An application that is not denied or approved by the deputy director within sixty days after the application is filed with the deputy director is deemed to be approved by the deputy director as of the first day after the period. The deputy director and the applicant may extend the sixty-day period by agreement. If the deputy director gives notice of a hearing, the sixty-day period is extended to the date fixed by order of the deputy director. For the purposes of this section, an application is not deemed filed until all amendments, supplements and additional information required by the deputy director have been received.