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Arizona Arizona Revised Statutes

§ 6-854.02 — Board of directors; number; bylaws

ARS § 6-854.02Title 6. Banks and Financial Institutions · Ch. 8. TRUST COMPANIES · Art. 1. General Provisions

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6-854.02. Board of directors; number; bylaws A. A trust company shall have at least three directors. The shareholders of the company shall elect all of the directors. B. Unless the articles of incorporation provide otherwise, the board of directors may adopt or amend the bylaws as long as the bylaws adopted or amended by the board do not conflict with the bylaws adopted by the shareholders. The board of directors shall file a current copy of the bylaws with the deputy director.

Source: Arizona Arizona Revised Statutes § 6-854.02 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.