Arizona § 6-205 Term of permit; surrender; revocation

Arizona Statutes

§ 6-205 — Term of permit; surrender; revocation

Arizona § 6-205

Title 6Arizona Revised Statutes

Ch. 2BANK ORGANIZATION AND REGULATION

Art. 2Banking Permit

This text of Arizona § 6-205 (Term of permit; surrender; revocation) 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. § 6-205 (2026).

Text

A.A banking permit shall be valid until surrendered to the deputy director or revoked by the deputy director.

B.A banking permit may not be surrendered to the deputy director until such time as the deputy director finds that all of the deposit liabilities of the bank have been satisfied in full or assumed by another bank.

C.A banking permit expires automatically when a bank is placed in receivership.

Free access — add to your briefcase to read the full text and ask questions with AI

A. A banking permit shall be valid until surrendered to the deputy director or revoked by the deputy director.

B. A banking permit may not be surrendered to the deputy director until such time as the deputy director finds that all of the deposit liabilities of the bank have been satisfied in full or assumed by another bank.

C. A banking permit expires automatically when a bank is placed in receivership.