Arizona § 6-128 Joint examinations; acceptance of federal regulatory and other authorized examinations

Arizona Statutes

§ 6-128 — Joint examinations; acceptance of federal regulatory and other authorized examinations

Arizona § 6-128

Title 6Arizona Revised Statutes

Ch. 1FINANCIAL INSTITUTIONS DIVISION

Art. 3Powers and Duties

This text of Arizona § 6-128 (Joint examinations; acceptance of federal regulatory and other authorized examinations) 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. § 6-128 (2026).

Text

A.The examination of a financial institution or enterprise may be made in coordination with any authorized federal examination or an examination by another state. The deputy director in the deputy director's discretion may accept the examination report or other information compiled or generated by a federal regulatory authority or by another state regulatory authority that has jurisdiction over the financial institution or enterprise in lieu of any examination authorized or required by the laws of this state. Acceptance of the examination reports shall not be a waiver of the examination assessments provided by law, and reports so accepted are considered for all purposes as an official report of the department.

B.The deputy director may take any reasonable and lawful action to coordinate

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A. The examination of a financial institution or enterprise may be made in coordination with any authorized federal examination or an examination by another state. The deputy director in the deputy director's discretion may accept the examination report or other information compiled or generated by a federal regulatory authority or by another state regulatory authority that has jurisdiction over the financial institution or enterprise in lieu of any examination authorized or required by the laws of this state. Acceptance of the examination reports shall not be a waiver of the examination assessments provided by law, and reports so accepted are considered for all purposes as an official report of the department.

B. The deputy director may take any reasonable and lawful action to coordinate the examination of financial institutions or enterprises, including:

1. Negotiating and entering into cooperative agreements with an agency of another state or of the federal government.

2. Sharing information and reports with persons as prescribed by section 6-129.