There is a newer version of the Arizona Revised Statutes
2011 Arizona Revised Statutes
Title 6 Banks and Financial Institutions
6-881 Definitions
AZ Rev Stat § 6-881 (1996 through 1st Reg Sess 50th Legis) What's This?
6-881. Definitions
In this article, unless the context otherwise requires:
1. "Savings account" means monies received or held by the trust company in the usual course of business and for which the trust company is obligated to give conditional or unconditional credit.
2. "Time deposit" means a deposit that the depositor does not have a right to withdraw for at least seven days after the date of deposit.
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