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AZ SB1512

Bill

Status

Introduced

2/2/2016

Primary Sponsor

Adam Driggs

Click for details

Origin

Senate

Fifty-second Legislature - Second Regular Session (2016)

AI Summary

  • Amends Title 6, Chapter 4, Article 6 of Arizona Revised Statutes by adding section 6-559 relating to credit unions.
  • Allows credit unions to offer savings promotion accounts that provide incentives to depositors.
  • The sole requirement to obtain the incentive is depositing a specified amount of money in the savings account.
  • Permits this activity notwithstanding any other state law that might otherwise restrict such promotions.

Legislative Description

Savings accounts; credit unions

Last Action

Referred to Senate FI Committee

2/3/2016

Full Bill Text

No bill text available