AZ HB2013

Amends Arizona Revised Statutes section 6-851 to revise the definition of "liquid capital" for trust companies.

Adds "legal tender" as an explicit component of liquid capital, alongside certificates of deposit and U.S. government obligations.

Defines "legal tender" as a medium of exchange, including specie (coins with precious metal content), authorized by the U.S. Constitution or Congress for payment of debts and public charges.

Adds new definition of "specie" as coins having precious metal content.

Renumbers subsequent definitions in the statute from definitions 9-11 to 10-13 to accommodate the new legal tender definition.