Arizona Statutes
§ 6-430 — Who may hold capital and membership
Accounts, shares of guaranty capital, and membership in an association may be held:
1.By any person in his own right, regardless of his age or marital status, or by two or more of such persons.
2.By a government or governmental instrumentality when authorized by law.
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Prohibitions§ 6-1103
Exempt persons and transactions