State Codes and Statutes

Statutes > Arizona > Title6 > 6-188

6-188. Bonds and insurance; coverage

The board of directors shall require protection and indemnity for the bank against defalcation, forgery, theft and other similar insurable losses, with corporate insurance or surety companies authorized to do business in this state. Coverage against defalcation shall include all active officers and employees of the bank whether or not they draw salary or compensation.

State Codes and Statutes

Statutes > Arizona > Title6 > 6-188

6-188. Bonds and insurance; coverage

The board of directors shall require protection and indemnity for the bank against defalcation, forgery, theft and other similar insurable losses, with corporate insurance or surety companies authorized to do business in this state. Coverage against defalcation shall include all active officers and employees of the bank whether or not they draw salary or compensation.


State Codes and Statutes

State Codes and Statutes

Statutes > Arizona > Title6 > 6-188

6-188. Bonds and insurance; coverage

The board of directors shall require protection and indemnity for the bank against defalcation, forgery, theft and other similar insurable losses, with corporate insurance or surety companies authorized to do business in this state. Coverage against defalcation shall include all active officers and employees of the bank whether or not they draw salary or compensation.

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