Arizona Arizona Revised Statutes
§ 6-193 — Bank and holding company subsidiaries; powers
ARS § 6-193Title 6. Banks and Financial Institutions · Ch. 2. BANK ORGANIZATION AND REGULATION · Art. 1. General Provisions
Statute text
View on source6-193. Bank and holding company subsidiaries; powers A subsidiary of a bank or a nonbank subsidiary of a holding company may: 1. Deal in and underwrite all obligations issued or guaranteed by or on behalf of a state or a political subdivision of a state or an agency or instrumentality of either a state or political subdivision. 2. Organize, sponsor, operate and control an investment company, as defined in section 3 of the investment company act of 1940 (15 United States Code section 80a-3), and underwrite, deal in, sell and distribute, as principal or agent, or both, the securities of such an investment company. 3. Deal in and underwrite:
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