Arizona Arizona Revised Statutes
§ 6-324 — De novo entry by certain financial institutions
ARS § 6-324Title 6. Banks and Financial Institutions · Ch. 2. BANK ORGANIZATION AND REGULATION · Art. 7. Arizona Interstate Bank and Savings and Loan Association Act
Statute text
View on source6-324. 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.