Arizona § 6-493 Securities defined; power to issue under plan

Arizona Statutes

§ 6-493 — Securities defined; power to issue under plan

Arizona § 6-493

Title 6Arizona Revised Statutes

Ch. 3SAVINGS AND LOAN ASSOCIATIONS

Art. 9Rehabilitation and Reorganization

This text of Arizona § 6-493 (Securities defined; power to issue under plan) 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. § 6-493 (2026).

Text

A.The term "securities", as used in this article in respect to any plan, includes not only shares of guaranty capital and evidences of accounts issuable by an association under the laws of this state, but also shares of stock of one or more classes issuable by corporations generally, and bonds, notes, debentures, evidences of indebtedness, certificates of interest or participation and collateral trust certificates.

B.An association may issue, pursuant to a plan approved under this article, any one or more of the above mentioned kinds of securities.

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A. The term "securities", as used in this article in respect to any plan, includes not only shares of guaranty capital and evidences of accounts issuable by an association under the laws of this state, but also shares of stock of one or more classes issuable by corporations generally, and bonds, notes, debentures, evidences of indebtedness, certificates of interest or participation and collateral trust certificates.

B. An association may issue, pursuant to a plan approved under this article, any one or more of the above mentioned kinds of securities.