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Arizona Arizona Revised Statutes

§ 6-149 — Determination of control of one person by another; hearing; notice

ARS § 6-149Title 6. Banks and Financial Institutions · Ch. 1. FINANCIAL INSTITUTIONS DIVISION · Art. 4. Acquisition of Control of a Bank, Trust Company or Savings and Loan Association

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6-149. 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 acquire control of a bank, trust company, savings and loan association or controlling person the deputy director may hold a hearing. Notice of such hearing shall be given by the deputy director to the applicant, the bank, trust company, savings and loan association or controlling person concerned and to such other persons as the deputy director determines appropriate. The date for commencement of the hearing shall not be later than thirty days after the date of the notice, unless the applicant consents to an extension of such period.