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AZ SB1262

Bill

Status

Introduced

1/27/2025

Primary Sponsor

Tim Dunn

Click for details

Origin

Senate

Fifty-seventh Legislature - First Regular Session (2025)

AI Summary

  • Amends Arizona Revised Statutes Section 6-403 regarding prohibitions on savings and loan associations.
  • Replaces the word "or" with a comma in the prohibition against transacting business under names or titles that indicate operation of a savings and loan association.
  • Changes "which" to "that" in two instances within the statute for grammatical consistency.
  • Maintains the existing prohibition against foreign savings and loan associations or savings banks from maintaining offices in Arizona to conduct savings and loan or savings bank business.

Legislative Description

Savings and loan; technical correction

Technical Correction

Last Action

Senate read second time

1/28/2025

Committee Referrals

Rules1/27/2025
Regulatory Affairs and Government Efficiency1/27/2025

Full Bill Text

No bill text available