There Is a Newer Version
of
the Arizona Revised Statutes
2012 Arizona Revised Statutes
Title 6 Banks and Financial Institutions
6-540 Loan officers
Universal Citation:
AZ Rev Stat § 6-540 (through 2nd Reg Sess. 50th Leg. 2012)
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This media-neutral citation is based
on the American Association of Law Libraries Universal Citation Guide and is not
necessarily the official citation.
6-540. Loan officers
A. The president may appoint one or more loan officers and delegate the power to approve or disapprove loans, subject to those limitations or conditions as the credit committee or board of directors prescribes.
B. A member whose application is disapproved by a loan officer may appeal the action to the credit committee or credit manager as appropriate under the bylaws.
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