reglab/housing_qa huggingface dataset:
AZ Rev Stat § 6-139 (2021)
2021 Arizona Revised Statutes|Title 6 - Banks and Financial Institutions|§ 6-139 - Judicial review

6-139.  Judicial review Except as provided in section 41-1092.08,  subsection H,  a final decision of the deputy director is subject to judicial review pursuant to title 12,  chapter 7,  article 6 if the complaint seeking review is filed with the superior court in Maricopa county and served on the deputy director.
AZ Rev Stat § 6-141 (2021)
2021 Arizona Revised Statutes|Title 6 - Banks and Financial Institutions|§ 6-141 - Definitions

6-141.  Definitions In this article,  unless the context otherwise requires: 1. " Acquisition of control"  means any transaction whereby a person obtains,  directly or indirectly,  control of a bank,  trust company,  savings and loan association or controlling person. 2. " Control"  means direct or indirect ownership of or power to vote twenty-five percent or more of the outstanding voting securities of a bank,  trust company,  savings and loan association or controlling person or to control in any manner the election of a majority of the directors of a bank,  trust company,  savings and loan association or controlling person. For the purposes of determining the percentage of voting securities owned,  controlled or held by a person,  there shall be aggregated with the voting securities attributed to such person the voting securities of any other person directly or indirectly controlling,  controlled by or under common control with such other person or by any officer,  partner,  employee or agent of such person,  or by any spouse,  parent or child of such person. 3. " Controlling person"  means any person directly or indirectly in control of a bank,  trust company or savings and loan association. 4. " Person"  means an individual,  corporation,  partnership,  association,  trust or agency or any similar entity. 5. " Voting security"  means any security presently entitling the owner or holder of such security to vote for the election of directors of a bank,  trust company,  savings and loan association or controlling person,  excluding,  in the case of a savings and loan association,  votes attributable to savings accounts. A specified percentage of outstanding voting securities means such amount of the outstanding voting securities as entitles the holder or holders of such securities to cast that specified percentage of the aggregate votes that the holders of all the outstanding voting securities are entitled to cast.
AZ Rev Stat § 6-142 (2021)
2021 Arizona Revised Statutes|Title 6 - Banks and Financial Institutions|§ 6-142 - Unlawful control

6-142.  Unlawful control A person shall not directly or indirectly acquire control of a bank,  trust company,  savings bank,  savings and loan association or controlling person,  except with the approval of the deputy director or as otherwise allowed by this article.
AZ Rev Stat § 6-143 (2021)
2021 Arizona Revised Statutes|Title 6 - Banks and Financial Institutions|§ 6-143 - Exempt persons and transactions

6-143.  Exempt persons and transactions A. This article shall not apply to the following persons or transactions of the type specified: 1. A person who controls a bank,  trust company or savings and loan association or controlling person on the date this article becomes law and who continues to control such bank,  trust company,  or savings and loan association. 2. A registered dealer who acts as an underwriter or member of a selling group in a public offering of the voting securities of a bank,  trust company,  savings and loan association or controlling person. 3. A person who acts as proxy for the sole purpose of voting at a designated meeting of the security holders of a bank,  trust company,  savings and loan association or controlling person. 4. A person who acquires control of a bank,  trust company,  savings and loan association or controlling person by devise or descent. 5. A person who acquires control of a bank,  trust company,  savings and loan association or controlling person as a personal representative,  custodian,  guardian or conservator appointed by a court or as a trustee,  receiver or other officer appointed by a court. 6. A pledgee of a voting security of a bank,  trust company,  savings and loan association or controlling person who does not have the right,  as pledgee,  to vote such voting security. 7. A transaction approved pursuant to chapter 2,  article 7 of this title. B. There shall be exempted from the provisions of this article any person or transaction that the deputy director by rule or order exempts as not being necessary or appropriate in the public interest or for the protection of a bank,  trust company,  savings bank or savings and loan association,  or the depositors,  beneficiaries,  creditors or shareholders of such bank,  trust company,  savings bank or savings and loan association. C. A person,  prior to filing an application for approval,  may request in writing a determination from the deputy director as to whether the person,  on consummation of a proposed transaction,  will be in control. On such a request,  the deputy director may enter an order that the person will not be in control,  in which event the proposed transaction will be an exempt transaction under this article.
AZ Rev Stat § 6-144 (2021)
2021 Arizona Revised Statutes|Title 6 - Banks and Financial Institutions|§ 6-144 - Acquisition of control; approval of deputy director

6-144.  Acquisition of control;  approval of deputy director A person shall not,  directly or indirectly,  make a tender offer for,  request or invite a tender offer for,  offer to exchange securities for or acquire in the open market or otherwise,  any voting security or any security convertible into a voting security of a bank,  trust company,  savings and loan association or controlling person if such a transaction would result in the person acquiring control of a bank,  trust company or savings and loan association or controlling person unless the deputy director has approved such acquisition of control,  except that this section does not prohibit a person from negotiating or entering into agreements subject to the condition that the acquisition of control will not be effective until approval of the deputy director is obtained.
AZ Rev Stat § 6-145 (2021)
2021 Arizona Revised Statutes|Title 6 - Banks and Financial Institutions|§ 6-145 - Application for approval

6-145.  Application for approval A. An application for approval of the deputy director shall be in writing in such form as the deputy director may prescribe and shall be accompanied by such information,  data and records as the deputy director may require. For such purpose the deputy director shall adopt rules prescribing the form and the information,  data or records that may be required. B. On receipt of any initial application for approval or any amendment or supplement to the application,  the deputy director shall cause copies of the application,  amendment or supplement to be given to the bank,  trust company or savings and loan association concerned within three business days.
AZ Rev Stat § 6-146 (2021)
2021 Arizona Revised Statutes|Title 6 - Banks and Financial Institutions|§ 6-146 - Material change of fact; filing amended statements

6-146.  Material change of fact;  filing amended statements If any material change occurs in the facts set forth in the application,  or if for any other reason the acquiring party desires to amend such application,  an amendment setting forth such change,  together with copies of all documents and other material relevant to such change,  shall be filed with the deputy director.
AZ Rev Stat § 6-147 (2021)
2021 Arizona Revised Statutes|Title 6 - Banks and Financial Institutions|§ 6-147 - Denial of application; grounds

6-147.  Denial of application;  grounds A. With respect to the proposed acquisition of control of a bank,  trust company,  savings and loan association or controlling person,  an application shall be denied if the deputy director finds any of the following: 1. That the financial condition of any person who would acquire control is such as may jeopardize the financial stability of the bank,  trust company or savings and loan association,  or prejudice the interests of the depositors,  beneficiaries,  creditors and shareholders of the bank,  trust company or savings and loan association. 2. That a plan or proposal to liquidate the bank,  trust company or savings and loan association,  to merge or consolidate the bank,  trust company or savings and loan association or to make any other major change in the business,  corporate structure or management of the bank,  trust company or savings and loan association is not fair and reasonable to the depositors,  beneficiaries,  creditors or shareholders of the bank,  trust company or savings and loan association. 3. That the overall moral character or integrity of any person who would acquire control indicates that it would not be in the interest of the depositors,  beneficiaries,  creditors or shareholders of the bank,  trust company or savings and loan association,  or in the interest of the public,  to allow such a person to control the bank,  trust company or savings and loan association. 4. That the applicant neglects,  fails or refuses to furnish to the deputy director any information required by the deputy director. 5. That it is contrary to law. B. The deputy director may,  in approving a proposal to acquire control of a bank,  trust company or savings and loan association,  impose such conditions as the deputy director deems reasonable,  necessary or advisable in the public interest.
AZ Rev Stat § 6-148 (2021)
2021 Arizona Revised Statutes|Title 6 - Banks and Financial Institutions|§ 6-148 - Failure to act on application as approval

6-148.  Failure to act on application as approval A. Notwithstanding any other provision of this article,  any application for approval to acquire control of a bank,  trust company,  savings and loan association or controlling person that is not denied or approved by the deputy director within a period of sixty days after such application is filed with the deputy director or if the applicant consents to an extension of the period within which the deputy director may act,  within such extended period,  shall be deemed to be approved by the deputy director as of the first day after such period of sixty days or such extended period. If the deputy director gives notice of a hearing,  the sixty-day period shall be extended to such date as may be fixed by order of the deputy director. B. For purposes of this section,  an application for approval is deemed to be filed with the deputy director at the time when the complete application,  including any amendments or supplements,  containing all the information in the form required by the deputy director,  is received by the deputy director.
AZ Rev Stat § 6-149 (2021)
2021 Arizona Revised Statutes|Title 6 - Banks and Financial Institutions|§ 6-149 - Determination of control of one person by another; hearing; notice

6-149.  Determination of control of one person by another;  hearing;  notice Before determining whether a person controls another person or before denying or approving an application for approval to acquire control of a bank,  trust company,  savings and loan association or controlling person the deputy director may hold a hearing. Notice of such hearing shall be given by the deputy director to the applicant,  the bank,  trust company,  savings and loan association or controlling person concerned and to such other persons as the deputy director determines appropriate. The date for commencement of the hearing shall not be later than thirty days after the date of the notice,  unless the applicant consents to an extension of such period.
AZ Rev Stat § 6-150 (2021)
2021 Arizona Revised Statutes|Title 6 - Banks and Financial Institutions|§ 6-150 - Appointment of deputy director as agent for service of process; forwarding of process; consent to jurisdiction

6-150.  Appointment of deputy director as agent for service of process;  forwarding of process;  consent to jurisdiction Any person who is not a resident of this state,  domiciled in this state or authorized to do business in this state and who files an application is deemed to have: 1. Consented to the jurisdiction of the courts of this state for all actions arising under the provisions of this article. 2. Appointed the deputy director as the person's lawful agent for the purpose of accepting service of process in any action,  suit or proceeding that may arise under this article. Copies of all such lawful process accepted by the deputy director as an agent shall be transmitted by the deputy director by registered mail to the person's last known address.
AZ Rev Stat § 6-151 (2021)
2021 Arizona Revised Statutes|Title 6 - Banks and Financial Institutions|§ 6-151 - Injunctions

6-151.  Injunctions If it appears to the deputy director that any person has committed or is about to commit a violation of any provision of this article or of any rule or order of the deputy director,  the deputy director may apply to the superior court for an order enjoining such person from violating or continuing to violate this article or any regulation or order and for injunctive or other relief as the nature of the case or the interests of the bank,  trust company or savings and loan association,  the depositors,  beneficiaries,  creditors or shareholders of such bank,  trust company or savings and loan association may require.
AZ Rev Stat § 6-153 (2021)
2021 Arizona Revised Statutes|Title 6 - Banks and Financial Institutions|§ 6-153 - Acquisition of voting securities in violation of article; limitation on rights as shareholder; injunction

6-153.  Acquisition of voting securities in violation of article;  limitation on rights as shareholder;  injunction A. With respect to any voting security acquired in violation of this article or any rule or order of the deputy director,  a person shall not be entitled to vote or give a written proxy or consent for a period of five years after such acquisition except with the written consent of the deputy director. If a voting security of a bank,  trust company,  savings and loan association or controlling person is acquired in violation of this article or any rule or order,  any shareholder of such bank,  trust company,  savings and loan association,  or controlling person or the deputy director may apply to the superior court for injunctive or other equitable relief,  including costs and reasonable attorney fees,  to enjoin prospectively any person from voting or giving any written proxy or consent with respect to such voting security for a period of five years after such acquisition except with the written consent of the deputy director. The deputy director may apply to the superior court for injunctive or other relief,  including costs,  to void any vote or any giving of a written proxy or consent with respect to such security that has occurred since such acquisition,  except that no vote may be voided if the court finds that to void such vote would not be in the interest of the depositors,  beneficiaries,  creditors or shareholders of the bank,  trust company,  savings and loan association or controlling person,  or in the public interest. B. An application for consent of the deputy director may be filed with the deputy director by any person and shall be granted or denied within thirty days. In giving consent,  the deputy director may require such conditions as the deputy director deems reasonable,  necessary or otherwise in the public interest. Except as provided in section 41-1092.08,  subsection H,  the action of the deputy director shall be an order subject to judicial review pursuant to title 12,  chapter 7,  article 6 if the complaint seeking review is filed with the superior court in Maricopa county. C. A civil action shall not be brought to void any vote pursuant to subsection A of this section unless commenced within one year after the transaction which constituted a violation of this article or any rule or order of the deputy director.
AZ Rev Stat § 6-162 (2021)
2021 Arizona Revised Statutes|Title 6 - Banks and Financial Institutions|§ 6-162 - Temporary prohibition; injunction

6-162.  Temporary prohibition;  injunction A. If the deputy director determines from the available facts that the conduct of the respondent is likely to cause the financial institution or enterprise to suffer substantial financial loss before an order can be issued under section 6-161,  the deputy director may issue a temporary order prohibiting the respondent from further participation in any manner in the conduct of the affairs of the financial institution or enterprise. The order shall contain a statement of the alleged facts which form the basis of the order and becomes effective on service on the respondent. A copy of the order shall also be served on the financial institution or enterprise. The order expires by its terms within such time after entry,  not to exceed twenty days,  as the deputy director fixes,  unless the respondent consents to a longer period or within the time fixed in the order it is extended by supplemental order issued by the deputy director and served on the respondent and the financial institution or enterprise. On two days' notice to the financial institution or enterprise the respondent may move that the deputy director stay,  dissolve or modify the order,  and the deputy director shall proceed to hear and determine such motion as expeditiously as justice requires. B. The respondent served with a temporary order may apply to the superior court for a stay of the order pending the completion of the administrative proceedings under section 6-161,  and the court has jurisdiction to stay the order if the deputy director has refused to stay the order or to promptly consider the respondent's request for a stay.
AZ Rev Stat § 6-163 (2021)
2021 Arizona Revised Statutes|Title 6 - Banks and Financial Institutions|§ 6-163 - Judicial review

6-163.  Judicial review Except as provided in section 41-1092.08,  subsection H,  any party to a proceeding under this article may obtain judicial review of any final order pursuant to title 12,  chapter 7,  article 6 other than an order issued with consent of the financial institution or enterprise or other person concerned if the complaint seeking review is filed with the superior court. The commencement of proceedings for judicial review shall not,  unless specifically ordered by the court,  operate as a stay of the order. During the pendency of the action for review,  the deputy director may not modify,  terminate or set aside the order except with permission of the court.
AZ Rev Stat § 6-164 (2021)
2021 Arizona Revised Statutes|Title 6 - Banks and Financial Institutions|§ 6-164 - Attorney fees and expenses

6-164.  Attorney fees and expenses In any proceeding instituted under this article in which a director or officer is a party,  and if the deputy director or court allows such party reasonable expenses and attorney fees,  the deputy director or the court may provide that such expenses and fees shall be paid by the financial institution or enterprise from its assets with priority as an expense of administration in receivership.
AZ Rev Stat § 6-165 (2021)
2021 Arizona Revised Statutes|Title 6 - Banks and Financial Institutions|§ 6-165 - Enforcement of order

6-165.  Enforcement of order The deputy director may apply to the superior court for the enforcement of any effective and outstanding order issued under this article,  and the court has jurisdiction to order and require compliance with the order. Except as otherwise provided in this article,  a court has jurisdiction to affect by injunction or otherwise the issuance or enforcement of any order under this article or to review,  modify,  suspend,  terminate or set aside any such order.
AZ Rev Stat § 6-181 (2021)
2021 Arizona Revised Statutes|Title 6 - Banks and Financial Institutions|§ 6-181 - Declaration of purposes

6-181.  Declaration of purposes The purposes of this chapter,  which shall govern judicial and administrative interpretation and application of the provisions of this chapter,  are to provide for: 1. Safe and sound conduct of banks. 2. Conservation of bank assets. 3. Maintenance of public confidence in banks. 4. Protection of the interests of depositors and fiduciary beneficiaries and of the interest of the public in the soundness and preservation of the banking system. 5. Opportunity for banks to remain competitive with each other,  with financial institutions existing under other laws of this state and with banking and financial institutions existing under the laws of other states,  the United States and foreign countries. 6. Opportunity for banks to serve effectively the convenience and needs of their depositors,  borrowers and other customers,  to participate in and promote the economic progress of this state and the United States and to improve and expand their services and facilities for those purposes. 7. Opportunity for management of banks to exercise business judgment in conducting banking affairs subject to this chapter. 8. Simplification and modernization of the law governing banking and governing the exercise of fiduciary and other representative powers by banks. 9. Implementation and execution of this chapter by the full utilization of the rulemaking and administrative discretions of the deputy director.
AZ Rev Stat § 6-182 (2021)
2021 Arizona Revised Statutes|Title 6 - Banks and Financial Institutions|§ 6-182 - Transition

6-182.  Transition All banks shall be operated in accordance with the provisions of this chapter,  except that transactions validly entered into before the effective date of this chapter and the rights,  duties and interests flowing from them remain valid thereafter and may be terminated,  completed,  consummated or enforced as required or permitted by any statute amended or repealed by the law by which this chapter was enacted as though such amendment or repeal had not occurred.
AZ Rev Stat § 6-183 (2021)
2021 Arizona Revised Statutes|Title 6 - Banks and Financial Institutions|§ 6-183 - Rights, powers and privileges of national banks

6-183.  Rights,  powers and privileges of national banks Except as prohibited by federal law,  a national bank with a banking office in this state shall have all the rights,  powers and privileges and shall be entitled to the same exemptions and immunities as banks holding banking permits under this chapter.
AZ Rev Stat § 6-185 (2021)
2021 Arizona Revised Statutes|Title 6 - Banks and Financial Institutions|§ 6-185 - Board of directors' meetings; review; report of failure of quorum to meet

6-185.  Board of directors' meetings;  review;  report of failure of quorum to meet A meeting of the board of directors of a bank shall be called each month or each quarter. The deputy director shall designate for each bank whether the board shall meet monthly or quarterly. The deputy director may change the designation at any time without providing the bank advance notice. At the meetings,  the board shall review the loans and investments and other material activities of the bank or review a report thereof prepared under the direction of the board as a regular item of business. The board shall keep minutes of all meetings including a record of attendance. If at any required meeting a majority of the members are not present,  the bank shall notify the deputy director in writing of that fact.