Arizona Statutes
§ 6-494 — Authority of fiduciaries
Arizona·Title 6 Arizona Revised Statutes·Ch. 3 SAVINGS AND LOAN ASSOCIATIONS·Art. 9 Rehabilitation and Reorganization
An executor, administrator, guardian, receiver, trustee of any kind or nature, and an insurance company may consent to any plan or exchange any shares of guaranty capital, accounts, creditors' claims or other rights or claims for securities issued pursuant to any plan and may continue to hold as a legal investment securities so received.
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