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AZ SB1337

Bill

Status

Passed

4/1/2015

Primary Sponsor

David Farnsworth

Click for details

Origin

Senate

Fifty-second Legislature - First Regular Session (2015)

AI Summary

  • Amends Arizona Revised Statutes Section 6-122 to add a new duty for the superintendent of financial institutions to prioritize encouraging growth of state-chartered financial institutions in Arizona.

  • Requires the superintendent to notify the governor, president of the senate, and speaker of the house of representatives by February 1 each calendar year if the total number of state-chartered banks or state-chartered credit unions decreases during the prior calendar year.

  • Makes technical corrections to existing examination requirements for escrow agents and premium finance companies by changing "in accordance with" to "pursuant to" in statutory language.

Legislative Description

State-chartered financial institutions; growth

Last Action

Chapter 164

4/1/2015

Full Bill Text

No bill text available