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Arizona Arizona Revised Statutes

§ 6-1109 — Determination of control of one person by another; hearing; notice

ARS § 6-1109Title 6. Banks and Financial Institutions · Ch. 11. FINANCIAL INSTITUTION HOLDING COMPANIES · Art. 1. General Provisions

Statute text

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6-1109. Determination of control of one person by another; hearing; notice Before determining whether a person controls another person or before denying or approving an application for approval to become a financial institution holding company the deputy director may hold a hearing. The deputy director shall give notice of the hearing to the applicant, the financial institution or controlling person concerned and to such other persons as the deputy director determines appropriate. The date for commencement of the hearing shall be not later than thirty days after the date of the notice, unless the applicant consents to an extension of the period.

Source: Arizona Arizona Revised Statutes § 6-1109 from the Arizona Revised Statutes (Arizona State Legislature) (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.