ARS § 6-395.13 — United States — Arizona law | Esheria

ARS § 6-395.13

A bank may voluntarily dissolve and wind up its affairs, but it cannot submit a liquidation or dissolution plan to stockholders until the deputy director finds the bank can fully satisfy depositor claims and the plan properly provides for that satisfaction.

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Jurisdiction
United States — Arizona
Instrument
Act or statute
Version
Undated source snapshot
Language
en
Updated
Official source
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stockholder approval voluntary liquidation wind-up

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