Arizona Statutes

§ 6-354 — Loans on capital stock or capital obligations of a bank

Arizona·Title 6 Arizona Revised Statutes·Ch. 2 BANK ORGANIZATION AND REGULATION·Art. 9 Loans
No bank shall take or hold its capital stock or its capital obligations as security for an obligation to the bank unless such security is necessary to prevent loss on an obligation previously contracted.

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Arizona § 6-354 (Loans on capital stock or capital obligations of a bank) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

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