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2022 Arizona Revised Statutes
Title 6 - Banks and Financial Institutions
§ 6-354 - Loans on capital stock or capital obligations of a bank
Universal Citation:
AZ Rev Stat § 6-354 (2022)
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6-354. Loans on capital stock or capital obligations of a bank
No bank shall take or hold its capital stock or its capital obligations as security for an obligation to the bank unless such security is necessary to prevent loss on an obligation previously contracted.
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