2010 Arizona Revised Statutes
Title 6 - Banks and Financial Institutions
6-494 Authority of fiduciaries

6-494. Authority of fiduciaries

An executor, administrator, guardian, receiver, trustee of any kind or nature, and an insurance company may consent to any plan or exchange any shares of guaranty capital, accounts, creditors' claims or other rights or claims for securities issued pursuant to any plan and may continue to hold as a legal investment securities so received.

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