Arizona § 6-201 Authority to engage in banking business; exception

Arizona Statutes

§ 6-201 — Authority to engage in banking business; exception

Arizona § 6-201

Title 6Arizona Revised Statutes

Ch. 2BANK ORGANIZATION AND REGULATION

Art. 2Banking Permit

This text of Arizona § 6-201 (Authority to engage in banking business; exception) 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. § 6-201 (2026).

Text

A.No person, except a national banking association with its home office in this state or bank authorized to do business in this state pursuant to section 6-217 or section 6-322, subsection A, shall engage in the banking business in this state without a banking permit.

B.For the purposes of this section, a person engaged in the business of receiving money on deposit subject to payment by check or any other form of order or request or on presentation of a certificate of deposit or any other evidence of debt is engaged in the banking business.

C.Nothing in this section shall prohibit a savings and loan association qualified to do business in this state from performing any acts authorized by chapter 3 of this title, a credit union qualified to do business in this state from performing any

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A. No person, except a national banking association with its home office in this state or bank authorized to do business in this state pursuant to section 6-217 or section 6-322, subsection A, shall engage in the banking business in this state without a banking permit.

B. For the purposes of this section, a person engaged in the business of receiving money on deposit subject to payment by check or any other form of order or request or on presentation of a certificate of deposit or any other evidence of debt is engaged in the banking business.

C. Nothing in this section shall prohibit a savings and loan association qualified to do business in this state from performing any acts authorized by chapter 3 of this title, a credit union qualified to do business in this state from performing any act authorized by chapter 4 of this title, a licensee or authorized delegate under chapter 12 of this title from performing any act regulated by that chapter or a trust company qualified to do business in this state that maintains savings accounts or time deposits pursuant to section 6-882 from performing any act authorized by chapter 8 of this title.