AZ SB1090

Amends Arizona Revised Statutes section 6-403 regarding prohibitions on savings and loan associations operating without proper authorization under state law.

Makes grammatical corrections by replacing "which" with "that" in two instances within the statutory language describing unauthorized business operations.

Adds commas after "chapter" and "advertising" to improve punctuation in the list of prohibited activities for unlicensed savings and loan operations.

Removes the word "or" in three places and restructures sentence flow as part of technical cleanup to modernize statutory language.

Maintains existing prohibition against foreign savings and loan associations or savings banks operating offices in Arizona without authorization.