State Codes and Statutes

Statutes > Arizona > Title6 > 6-324

6-324. De novo entry by certain financial institutions

An out-of-state financial institution may establish a bank, savings and loan association or holding company in this state through de novo entry subject to the applicable laws of this state. An in-state financial institution may not be acquired for operation as a branch by an out-of-state financial institution until it has been in continuous operation for five or more years on the date of the proposed acquisition.

State Codes and Statutes

Statutes > Arizona > Title6 > 6-324

6-324. De novo entry by certain financial institutions

An out-of-state financial institution may establish a bank, savings and loan association or holding company in this state through de novo entry subject to the applicable laws of this state. An in-state financial institution may not be acquired for operation as a branch by an out-of-state financial institution until it has been in continuous operation for five or more years on the date of the proposed acquisition.


State Codes and Statutes

State Codes and Statutes

Statutes > Arizona > Title6 > 6-324

6-324. De novo entry by certain financial institutions

An out-of-state financial institution may establish a bank, savings and loan association or holding company in this state through de novo entry subject to the applicable laws of this state. An in-state financial institution may not be acquired for operation as a branch by an out-of-state financial institution until it has been in continuous operation for five or more years on the date of the proposed acquisition.

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