State Codes and Statutes

Statutes > Arizona > Title6 > 6-395.15

6-395.15. Notice of taking; effect

On taking possession of the property and business of a bank, the receiver shall give notice of the taking to all persons who hold any assets of that bank. The notice required by this section is not a prerequisite to taking possession. A person who knows of the taking may not claim a lien or charge against any assets of the bank for any subsequent payment, advance or clearance or for any other subsequent liability.

State Codes and Statutes

Statutes > Arizona > Title6 > 6-395.15

6-395.15. Notice of taking; effect

On taking possession of the property and business of a bank, the receiver shall give notice of the taking to all persons who hold any assets of that bank. The notice required by this section is not a prerequisite to taking possession. A person who knows of the taking may not claim a lien or charge against any assets of the bank for any subsequent payment, advance or clearance or for any other subsequent liability.


State Codes and Statutes

State Codes and Statutes

Statutes > Arizona > Title6 > 6-395.15

6-395.15. Notice of taking; effect

On taking possession of the property and business of a bank, the receiver shall give notice of the taking to all persons who hold any assets of that bank. The notice required by this section is not a prerequisite to taking possession. A person who knows of the taking may not claim a lien or charge against any assets of the bank for any subsequent payment, advance or clearance or for any other subsequent liability.

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