reglab/housing_qa huggingface dataset:
AZ Rev Stat § 6-475 (2021)
2021 Arizona Revised Statutes|Title 6 - Banks and Financial Institutions|§ 6-475 - Branch office

6-475.  Branch office A. A branch office is a legally established place of business of the association,  other than the home office,  authorized by the board of directors and approved by the deputy director,  at which payments on,  and withdrawal from,  accounts and loan payments may be accepted and applications for loans may be received,  and at which account books and membership certificates may be issued and loans may be closed. B. Each association shall be operated from the home office,  which shall be the association's principal place of business. All branch offices shall be subject to direction from the home office. C. An association may establish or acquire a branch office in any location,  whether within or outside this state,  with the approval of the deputy director. An association shall make an application for establishment or acquisition of a branch office in writing in the form the deputy director prescribes and supported by the information,  data and records the deputy director requires to make the findings necessary for approval. Each application for approval of the establishment and maintenance of a branch office shall state the proposed location of the branch office,  the need for the branch office,  the functions to be performed in the branch office,  the estimated annual expense of the branch office,  and the mode of payment for the branch office. Each such application shall be accompanied by a budget of the association for the current dividend period and for the next succeeding semiannual period,  which reflects the estimated additional expense of the maintenance of such a branch office. The deputy director shall approve the application if the deputy director finds that the prospects for a successful operation of the branch office are favorable. D. An association shall not establish or maintain an automated teller machine without the prior written approval of the deputy director. An association shall accompany each application for approval of the establishment and maintenance of an automated teller machine with the fee prescribed by section 6-126. The application shall state the proposed location of the automated teller machine,  the need for the automated teller machine,  the functions to be performed by the automated teller machine,  the estimated annual expense of the automated teller machine and the mode of payment by the automated teller machine. The deputy director shall approve the application if the deputy director finds that the prospects for a successful operation of the automated teller machine are favorable.
AZ Rev Stat § 6-476 (2021)
2021 Arizona Revised Statutes|Title 6 - Banks and Financial Institutions|§ 6-476 - Examination

6-476.  Examination The deputy director shall make a report of each examination to the board of directors of the association examined,  and if the affairs of the association are not being conducted in accordance with this chapter,  the deputy director may require the directors,  officers,  or employees to take any necessary corrective action. In the interests of the members of the association,  the deputy director may prepare a statement of the condition of the association,  and may mail the same to the members or may require a single publication thereof.
AZ Rev Stat § 6-477 (2021)
2021 Arizona Revised Statutes|Title 6 - Banks and Financial Institutions|§ 6-477 - Audit by public accountant

6-477.  Audit by public accountant An audit of the affairs of the association shall be made annually as of the end of its fiscal year by or under the direction of the board of directors. The deputy director may prescribe certain minimum requirements of the audit and shall require the filing of a copy of the report covering the audit with the deputy director. The audit shall be filed with the deputy director not more than one hundred twenty days after the end of the association's fiscal year,  unless the deputy director extends the time period for good cause shown. The audit is not a substitute for or in lieu of the examination by the deputy director required by section 6-122.
AZ Rev Stat § 6-478 (2021)
2021 Arizona Revised Statutes|Title 6 - Banks and Financial Institutions|§ 6-478 - Reports to deputy director and members

6-478.  Reports to deputy director and members A. Every association operating under this chapter shall file with the deputy director within sixty days following the close of each fiscal year of such association,  a statement showing its financial condition at the close of the fiscal year and its operations for the year then ended. Each such statement shall be on forms prescribed by the deputy director and in conformity with generally accepted accounting principles,  and shall be verified under oath by the secretary and certified by a committee of three or more members who are not officers of the association,  or by a licensed certified public accountant appointed by the board of directors,  or by two officers of the association. B. Every association shall file also such other reports as the deputy director may require from time to time. C. Within sixty days after the date of such statement,  the association either shall mail to each member the annual statement of condition,  or a condensed form thereof approved by the deputy director,  or shall publish the same at least once.
AZ Rev Stat § 6-479 (2021)
2021 Arizona Revised Statutes|Title 6 - Banks and Financial Institutions|§ 6-479 - Information to federal authorities

6-479.  Information to federal authorities The deputy director may give copies of reports of the deputy director's examinations of an association,  and copies of the association's reports to the deputy director,  and any other information that the deputy director has concerning the association,  to the federal home loan bank,  or its successor instrumentality,  of which the association is a member,  or to the insurance corporation that has insured the association's capital. No such action by the deputy director shall relieve the association from compliance with any requirements of such federal instrumentality concerning examinations or reports,  or limit the deputy director's powers to examine or to require reports from the association.
AZ Rev Stat § 6-482 (2021)
2021 Arizona Revised Statutes|Title 6 - Banks and Financial Institutions|§ 6-482 - Receiver; appointment; transfer of assets; powers; liability

6-482.  Receiver;  appointment;  transfer of assets;  powers;  liability A. If the court grants a petition for receivership filed by the deputy director,  the deputy director shall be appointed as receiver and may forthwith take possession of the property and business of the association and retain possession until the association resumes business or its affairs are finally liquidated,  but if the association has the insurance protection provided by title IV of the national housing act,  as now or hereinafter amended,  the court may tender to the federal deposit insurance corporation the appointment as receiver,  or as co-receiver with the deputy director. B. On the acceptance by the insurance corporation of the appointment as receiver or co-receiver,  possession of and title to all the assets,  property and business of the insured association shall automatically pass to and be vested in the insurance corporation as receiver,  or in the insurance corporation and the deputy director jointly as co-receivers,  as the case may be. The insurance corporation,  if it is receiver,  or the insurance corporation and the deputy director equally and jointly,  if the insurance corporation is co-receiver,  shall have and possess,  and may exercise: 1. All the powers and privileges provided by the laws of this state or otherwise with respect to the deputy director as receiver of a savings and loan association. 2. Accumulatively and additionally to each of the foregoing,  all of the rights,  powers,  privileges and authority that were held or possessed by the association and its officers,  directors,  members and creditors. 3. All the rights,  privileges,  powers and authority conferred on or vested in it,  or intended so to be,  by federal statutes. C. The receiver or receivers may also make loans on the security of,  or may purchase at public or private sale or otherwise,  bid at any receiver's or liquidator's sale,  and liquidate or sell,  all or any part of the assets of the insured association,  and,  in the event of the purchase of any assets of an association of which it is receiver or co-receiver,  it shall bid for and pay a fair and reasonable price. D. Except as otherwise in writing specifically agreed by the receiver or receivers,  no transaction,  contract,  undertaking or agreement,  and no exercise by the receiver or receivers,  or either of them,  of any of the rights,  powers,  privileges or authority by this article or otherwise vested in them as receivers,  or with respect to any receivership or liquidation,  shall constitute a personal debt,  obligation or liability of or on the part of the receiver or receivers or either of them.
AZ Rev Stat § 6-483 (2021)
2021 Arizona Revised Statutes|Title 6 - Banks and Financial Institutions|§ 6-483 - Procedure for liquidation; rights of share transferor

6-483.  Procedure for liquidation;  rights of share transferor A. The liquidation under this article of an association,  and a receivership thereof,  may,  at the discretion of the receiver or receivers,  be conducted and carried out in full or in part in the same manner as provided in this title for the liquidation of or receivership for an insolvent bank. B. Regardless of whether the federal deposit insurance corporation serves as receiver or co-receiver of any insured association,  when it pays or makes available for payment the liabilities of the insured association in receivership which are insured by it,  it shall,  upon the surrender and transfer to it of any account or investment certificate insured by it,  be subrogated with respect to the account or investment certificate. The surrender and transfer of the account or investment certificate,  however,  shall not affect any right which the transferor thereof may have in any portion of the account or investment certificate which is uninsured,  or any right to participate in the distribution of the net proceeds remaining from the disposition of the assets of the insured association,  but if different provisions from the foregoing provisions of this and the preceding sentence would be applicable if the association were a federal savings and loan association,  then the provisions shall be applicable under the laws of this state to the extent that they can validly be made so applicable. In any event the rights of the holders of accounts or investment certificates of the insured association shall be determined in accordance with the applicable provisions of the laws of this state. C. The procedure provided for in this article for the liquidation of savings and loan associations shall be exclusive,  and no receiver shall be appointed by any court of this state to take charge of the affairs of an association except as provided in this article.
AZ Rev Stat § 6-484 (2021)
2021 Arizona Revised Statutes|Title 6 - Banks and Financial Institutions|§ 6-484 - Illegal use of name; classification

6-484.  Illegal use of name;  classification No person shall use the name " building and loan company" ,  " building and loan association" ,  " savings and loan company" ,  or " savings and loan association"  unless complying with the provisions of this title. A person using a name embodying any combination of the words " building and loan association"  or " savings and loan association" ,  or acting as agent for that person,  is guilty of a class 2 misdemeanor,  unless complying with the provisions of this title.
AZ Rev Stat § 6-486 (2021)
2021 Arizona Revised Statutes|Title 6 - Banks and Financial Institutions|§ 6-486 - Rehabilitation of associations; definition

6-486.  Rehabilitation of associations;  definition A. If the business,  property and affairs of any association are in the possession of the deputy director for liquidation,  or if an association is in an unsafe or unsound condition,  the association may be rehabilitated,  readjusted or reorganized in accordance with any plan proposed and approved as provided in this article. B. Without limiting the generality of the foregoing provisions of this article,  a plan may provide in respect to all or any part of the business,  property or affairs of the association for any one or more of the following: 1. The retention thereof by the deputy director as a conservator,  if the business,  property or affairs are in the deputy director's possession for liquidation. 2. The delivery thereof to the deputy director as a conservator,  or for liquidation. 3. The transfer thereof to any person or to a trustee.  C. For the purposes of this article,  " plan"  means a plan for the rehabilitation,  readjustment or reorganization of an association or for the readjustment,  modification or reorganization of the rights or interests of any or all of the investors and creditors of,  or other persons,  interested in the association.
AZ Rev Stat § 6-487 (2021)
2021 Arizona Revised Statutes|Title 6 - Banks and Financial Institutions|§ 6-487 - Proposal of plan; petition; notice of hearing

6-487.  Proposal of plan;  petition;  notice of hearing A. A plan may be proposed by the deputy director or by an association subject to the approval of the deputy director. If proposed by an association,  the proposal shall be through its board of directors,  or by the holders of accounts equal in amount to not less than fifty percent of the total accounts of the association,  or by the holders of not less than a majority of the outstanding shares of guaranty capital of the association,  if any. B. The plan shall be presented by the proponents to the superior court of the county in which the principal place of business of the association is located,  with a petition that the court determine the fairness of the plan and the conditions requisite to the plan becoming operative. The petition shall set forth the plan and the fact that it has been proposed or approved by the deputy director and any other facts that are deemed material to a consideration of the fairness of the plan. C. On filing the petition,  the court shall fix the time and place for hearing it,  and shall direct the association to deliver to the proponents,  or,  in the discretion of the court,  to the deputy director,  a list of the names and addresses of the holders of accounts,  holders of shares of guaranty capital,  if any,  creditors of the association,  and of all other persons affected by the plan,  and the association shall comply with the direction. D. Thereafter the proponents of the plan,  not less than twenty days before the date fixed for the hearing,  shall mail or cause to be mailed to each of the persons shown on the list furnished pursuant to direction of the court and to all other persons affected by the plan notice of the time and place fixed by the court for the hearing and either a copy of the plan or a summary thereof. Any summary shall be prepared or approved by the deputy director. The notices shall be mailed,  postage prepaid,  to the respective addresses as shown on the list,  or if no address is there shown,  to the last known available address. The proponents of the plan shall also post notice of the time and place fixed for the hearing in three public places in the county not less than twenty days before the day fixed for the hearing and shall publish the notice at least once in a newspaper of general circulation published in the county not less than twenty nor more than thirty days prior to the day fixed for the hearing. E. A copy of the plan shall be kept by the deputy director available for public inspection,  and the deputy director shall take other steps as the deputy director deems necessary for making the plan and all notices and facts in connection therewith available to the interested parties.
AZ Rev Stat § 6-488 (2021)
2021 Arizona Revised Statutes|Title 6 - Banks and Financial Institutions|§ 6-488 - Hearing; fairness of plan

6-488.  Hearing;  fairness of plan A. At the time and place fixed for the hearing,  or at the time and place to which the hearing may be continued by the court,  the court shall hear the parties interested therein and,  if it deems it necessary,  may take testimony relative thereto and may accept proof in affidavit form as to any fact or circumstance material thereto. The hearing shall be conducted,  among other things,  on the fairness of the terms and conditions of the issuance of all securities to be issued pursuant to the plan and of the exchange thereof for outstanding shares of guaranty capital,  accounts,  claims or property interests,  or partly in the exchange and partly for cash. All persons to whom it is proposed to issue securities in the exchange shall have the right to appear and be heard at the hearing. B. The deputy director or the court shall not approve a plan unless the deputy director or the court is satisfied that the plan is feasible,  fair and equitable and does not discriminate in favor of any class of holders of accounts or of shares of guaranty capital,  creditors or other persons affected thereby.
AZ Rev Stat § 6-489 (2021)
2021 Arizona Revised Statutes|Title 6 - Banks and Financial Institutions|§ 6-489 - Consents required for plan to operate; exceptions

6-489.  Consents required for plan to operate;  exceptions A. After completion of the hearing provided by section 6-488,  the court shall approve,  modify or disapprove the plan. The plan shall not become operative unless and until it has been approved in its original or modified form by the court,  nor unless and until the plan has been consented to,  either in person or by a duly appointed agent,  attorney or committee of the following persons: 1. If the association has shares of guaranty capital outstanding,  then by the holders of a majority of the outstanding shares of guaranty capital. 2. By the holders of two-thirds in amount of the total accounts of all classes of the association. 3. If the association has creditors,  then by two-thirds of each class of creditors of the association. 4. By two-thirds in amount of each class of other persons,  if any,  affected by the plan. B. Consents required by subsection A of this section are not required: 1. In the case of the holder of an account,  creditor or other person affected,  or of any class of holders of accounts,  creditors or other persons affected,  if the rights of the person or class are not materially affected by the plan,  or if the plan provides for the payment in cash of the amount of the right or interest of such person or class. 2. From holders of shares of guaranty capital of an association if the value of the assets of the association is less than the liabilities thereof,  including the total amount of all outstanding accounts but excluding the amount of the outstanding shares of guaranty capital,  or if the business property and affairs of the association are then in the possession of the deputy director.
AZ Rev Stat § 6-490 (2021)
2021 Arizona Revised Statutes|Title 6 - Banks and Financial Institutions|§ 6-490 - Time of giving consents; jurisdiction of court

6-490.  Time of giving consents;  jurisdiction of court A. The consents required by section 6-489 may be given before the plan is presented to the court,  or after the presentation and before the court has approved it,  or after approval. If,  at the time the plan is approved by the court,  the required consents have not been given,  the order of court may provide that on satisfactory proof of the fact that the required consents have been given,  a further order may be entered ex parte providing that the plan shall become operative which shall be binding on the deputy director,  the association,  all holders of accounts and of shares of guaranty capital,  creditors,  and all other persons affected thereby. B. The superior court in which the petition is pending is given jurisdiction to determine all questions required to be determined in respect to any plan including,  without limiting the generality of the foregoing,  the following: 1. Whether a plan,  either in its original or modified form,  is fair and equitable. 2. Whether it discriminates in favor of any class of holders of accounts,  creditors or other persons affected thereby. 3. Whether it is feasible. 4. Whether the terms and conditions of the proposed issuance and exchange of securities thereunder are fair and to approve or disapprove the terms and conditions. 5. The total liabilities of the association. 6. The conditions requisite to the plan becoming operative,  including jurisdiction to determine,  for the purposes of the plan and the consents,  the division of the creditors and other persons affected by the plan into classes according to the nature of their respective claims and interests.
AZ Rev Stat § 6-491 (2021)
2021 Arizona Revised Statutes|Title 6 - Banks and Financial Institutions|§ 6-491 - Effect of approval and consents

6-491.  Effect of approval and consents A. When a plan has been approved by the court and the required consents given,  the plan shall be binding on the deputy director,  the association,  the holders of accounts and shares of guaranty capital,  and creditors of the association and all other persons affected thereby,  and the association and such persons shall be conclusively deemed to have consented to the terms and conditions of the plan whether or not all of the persons have actually consented thereto and whether or not all of them have received notice of the plan or the hearing. Such steps shall be taken by the deputy director,  the association and all other persons affected by the plan,  and all acts shall be done,  all instruments executed and all securities issued,  as may be required by the plan so approved and as may be necessary or desirable for consummation of the plan. B. The deputy director shall supervise and direct,  subject to the order of the court,  the consummation of the plan. The deputy director shall have and may exercise the same authority and power with respect to the business,  property or affairs of an association retained by or delivered to the deputy director pursuant to any plan that the deputy director may have with respect to the business,  property and affairs of any association of which the deputy director has taken possession. The deputy director shall have and may exercise the same authority and power with respect to an association formed pursuant to any plan,  or to which the business,  property or affairs may be returned or transferred pursuant to any plan,  as the deputy director would have of the association if it had been formed or had acquired its business,  property and affairs by means other than a plan.
AZ Rev Stat § 6-492 (2021)
2021 Arizona Revised Statutes|Title 6 - Banks and Financial Institutions|§ 6-492 - Appeals

6-492.  Appeals A. An appeal from an order of the superior court approving a plan shall not be effectual for any purpose,  unless within thirty days after the entry of the order the appellant files with the clerk of the court a bond with a surety company authorized by law to transact business in this state as surety thereon to the effect that the appellant,  in the event the order is affirmed on appeal,  will pay all costs and expenses,  including attorneys' fees,  arising from the appeal,  and also all losses and damages to the holders of accounts and shares of guaranty capital,  creditors and other persons affected by the plan,  arising from any delay in consummating the plan caused by the appeal. The form and amount of the bond shall be approved by the superior court,  but the bond shall not be for an amount less than one per cent of the total liabilities of the association. B. Appeals from orders approving plans shall be given preference to other appeals except contested election cases and cases in which the state is a party.