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AZ SB1337
Bill
Status
4/1/2015
Primary Sponsor
David Farnsworth
Click for details
AI Summary
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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.
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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.
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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