Arizona Statutes

§ 6-131 — Right to sue and defend in actions; liability limitation; award of fees and other expenses

Arizona·Title 6 Arizona Revised Statutes·Ch. 1 FINANCIAL INSTITUTIONS DIVISION·Art. 3 Powers and Duties
A.The director may sue and prosecute or defend in any action or proceeding in any court of this state or any other state or territory and in any court of the United States for the enforcement or protection of any right or pursuit of any remedy necessary or proper in connection with the matters committed to the director for administration or in connection with any financial institution or enterprise under the director's supervision, or the rights, liabilities, property or assets thereof, and may obtain without bond any order necessary to enforce or protect such rights or remedies, including any of the following:
1.An order impounding records, books, documents, accounts, monies, negotiable instruments or papers and placing such articles in the possession of the director until completion o

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