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Arizona Revised Statutes

Chapter 1
DEPARTMENT OF FINANCIAL INSTITUTIONS
Article 1Definitions
Article 2Department of Financial Institutions
  • 6-110
  • Department of financial institutions
  • 6-111
  • Superintendent; appointment; qualifications; salary
  • 6-112
  • Deputy superintendent; examiners; personnel
  • 6-113
  • Acts prohibited; officers; employees
  • 6-114
  • Balloon payments prohibited; applicability; exemptions
  • 6-115
  • Insurance premium transmitters; timely payment required; civil penalty
  • 6-116
  • Sale of securities; disclosure
Article 3Powers and Duties
  • 6-121
  • Examination; supervision
  • 6-122
  • Superintendent; authority; duties; exemption
  • 6-123
  • Superintendent; powers
  • 6-124
  • Investigations; compelling testimony and the production of documents; self-incrimination
  • 6-125
  • Annual examination assessment of financial institutions and enterprises; costs of foreign examination; payment
  • 6-126
  • Application fees for financial institutions and enterprises
  • 6-127
  • Disposition of revenue
  • 6-128
  • Joint examinations; acceptance of federal regulatory and other authorized examinations
  • 6-129
  • Records; disclosure and limitations on disclosure; evidentiary effect
  • 6-129.01
  • Enterprise documents open to public inspection
  • 6-130
  • Limitation of personal liability
  • 6-131
  • Right to sue and defend in actions; liability limitation; award of fees and other expenses
  • 6-131.01
  • Appointment of superintendent as receiver; award of property, fees and costs
  • 6-132
  • Violation of title; civil penalty
  • 6-133
  • Violations; classification
  • 6-134
  • False statements as to financial condition; classification
  • 6-135
  • Department revolving fund; use of fund
  • 6-135.01
  • Department receivership revolving fund; use of fund
  • 6-136
  • Violation of order or injunction; penalty
  • 6-137
  • Cease and desist orders; injunctions; public inspection
Article 4Acquisition of Control of a Bank, Trust Company or Savings and Loan Association
  • 6-143
  • Exempt persons and transactions
  • 6-144
  • Acquisition of control; approval of superintendent
  • 6-145
  • Application for approval
  • 6-146
  • Material change of fact; filing amended statements
  • 6-147
  • Denial of application; grounds
  • 6-148
  • Failure to act on application as approval
  • 6-149
  • Determination of control of one person by another; hearing; notice
  • 6-150
  • Appointment of superintendent as agent for service of process; forwarding of process; consent to jurisdiction
  • 6-153
  • Acquisition of voting securities in violation of article; limitation on rights as shareholder; injunction
Article 5Proceedings for Officer Removal
  • 6-161
  • Suspension, removal or prohibition; hearing; notice
  • 6-162
  • Temporary prohibition; injunction
  • 6-164
  • Attorney fees and expenses
  • 6-165
  • Enforcement of order
Chapter 2
BANK ORGANIZATION AND REGULATION
Article 1General Provisions
  • 6-181
  • Declaration of purposes
  • 6-183
  • Rights, powers and privileges of national banks
  • 6-184
  • General corporate and banking powers; incidental powers; deposit insurance; federal reserve and home loan bank membership; agency relationship
  • 6-185
  • Board of directors' meetings; review; report of failure of quorum to meet
  • 6-186
  • Annual audit and report
  • 6-187
  • Authority to declare dividends; limitation
  • 6-188
  • Bonds and insurance; coverage
  • 6-189
  • Capital obligations; approval; convertibility
  • 6-190
  • Bank offices; standards and term of approval; closing; automated teller machines
  • 6-191
  • Foreign banking offices; additional powers; separate accounts; additional offices; definition
  • 6-192
  • Investments in international and foreign banking and financing corporations; limitation; consent; exceptions
  • 6-193
  • Bank and holding company subsidiaries; powers
Article 2Banking Permit
  • 6-201
  • Authority to engage in banking business; exception
  • 6-203
  • Application for banking permit; organizational application; final application
  • 6-204
  • Issuance of banking permit; trust business; conditional approval; hearing; banker's bank; definitions
  • 6-205
  • Term of permit; surrender; revocation
Article 3Merger, Consolidation and Conversion of National and State Banks
  • 6-212
  • Resulting national bank
  • 6-215
  • Retention of nonconforming assets; permission; maximum value
  • 6-216
  • Continuation of business and corporate entity
  • 6-217
  • Emergency acquisition of in-state financial institution
Article 4Accounts
  • 6-232
  • Powers of attorney; notice of revocation; payment after notice
  • 6-233
  • Adverse claim to bank deposit; court order required; definitions
  • 6-234
  • Deposit of minor; school saving plan
  • 6-235
  • Bank deposits in two or more names; payment to survivor
  • 6-236
  • Payment of deposits in trust
  • 6-237
  • Payment of deposit to foreign personal representative
Article 5Regulation of Conduct of Business
  • 6-241
  • Banking days; notice; closing
  • 6-242
  • Preservation of bank records; regulations; disposal
  • 6-243
  • Acquisition of property to satisfy or protect loans
  • 6-244
  • Borrowing by bank; treatment as capital
  • 6-245
  • Pledge of assets; rediscount; exception to requirement of security
  • 6-246
  • Permitted investments; limitations
Article 6Reserves
  • 6-271
  • Reserves against deposits; rule; limitations
  • 6-272
  • Deposits exempt from reserve requirement
  • 6-273
  • Form of reserves; limitations
  • 6-275
  • Computation of reserves
Article 7Arizona Interstate Bank and Savings and Loan Association Act
  • 6-322
  • Interstate acquisitions; approval of superintendent; exception
  • 6-324
  • De novo entry by certain financial institutions
  • 6-325
  • Failure to act on application as approval
  • 6-326
  • Denial of application; grounds
  • 6-327
  • Applicable laws and rules; cooperative agreements; contracting exemption
  • 6-328
  • Deposit concentration limits
  • 6-329
  • Deposit production offices
  • 6-330
  • Rights, powers and privileges of out-of-state banks
Article 9Loans
  • 6-352
  • Limitations of obligations to a bank; exceptions; definitions
  • 6-353
  • Obligations of directors, officers and employees; reports
  • 6-354
  • Loans on capital stock or capital obligations of a bank
Article 11Trust Business
  • 6-381
  • Authority of bank to engage in the trust business
  • 6-382
  • Powers of bank as fiduciary
  • 6-383
  • Identification and segregation of fiduciary assets
  • 6-384
  • Deposit of fiduciary funds
  • 6-385
  • Substitution of corporate fiduciary
  • 6-386
  • Investment by fiduciaries; governmental obligations
Article 12Prohibited Practices; Penalties
  • 6-391
  • Unauthorized conduct of banking business; false representation
  • 6-394
  • Prohibited ownership or control of a financial institution and interest in insurer insuring deposits; assets and reserves of insurer
Article 13Liquidation and Dissolution
  • 6-395
  • Possession by superintendent and receivership
  • 6-395.01
  • Powers of superintendent in possession
  • 6-395.02
  • Federal deposit insurance corporation as receiver
  • 6-395.03
  • Federal deposit insurance corporation power pending judicial proceedings
  • 6-395.04
  • Right of subrogation of federal deposit insurance corporation
  • 6-395.05
  • Effect of receivership proceedings on liens and limitations
  • 6-395.06
  • Rights, powers and duties of a receiver
  • 6-395.07
  • Sale of bank assets; authority to borrow monies; injunction; hearing
  • 6-395.08
  • Rejection of contracts and leases on liquidation
  • 6-395.09
  • Notice to claimants on liquidation
  • 6-395.10
  • Disposition of unclaimed property
  • 6-395.12
  • Payment of claims and distribution to stockholders on liquidation
  • 6-395.13
  • Voluntary liquidation and dissolution
Chapter 3
SAVINGS AND LOAN ASSOCIATIONS
Article 1General Provisions
  • 6-402
  • Scope of chapter; application to federal associations and federal savings banks
  • 6-404
  • General corporate powers
Article 2Formation and Licensing
  • 6-407
  • Applicants and initial capital
  • 6-408
  • Application for permit to organize
  • 6-409
  • Findings and hearings
  • 6-410
  • Superintendent's approval and issuance of permit to organize
  • 6-411
  • Subscription to capital and temporary organization
  • 6-412
  • Completion of organization
  • 6-413
  • Contents of articles of incorporation
Article 3Membership and Management
  • 6-416
  • Record date for voting, dividend and other purposes
  • 6-420
  • Bonds of officers and employees
  • 6-421
  • Access to books and records; communication with members
Article 4Capital
  • 6-422
  • Types of capital; personal property
  • 6-424
  • Shares of guaranty capital; nature; consideration
  • 6-425
  • Shares of guaranty capital; authorization of issuance; minimum amount
  • 6-426
  • Shares of guaranty capital; rights of existing shareholders
  • 6-427
  • Shares of guaranty capital; advertisement; sales; collection of subscription
  • 6-428
  • Retirement or reduction of shares of guaranty capital
  • 6-429
  • Issuance, delivery, and transfer of certificates and account books
  • 6-430
  • Who may hold capital and membership
  • 6-432
  • Effect of payment to minor or fiduciary
  • 6-433
  • Payment on disability or death of holder in his own right of account
  • 6-434
  • Shares and accounts of certain associations as legal investments; deposit of fiduciary monies
  • 6-435
  • Voluntary withdrawal of accounts
  • 6-437
  • Enforced retirement of accounts
  • 6-438
  • Authorized charges applicable to members
  • 6-439
  • Accounts subject to liens
  • 6-440
  • Apportionment of profits
  • 6-442
  • Dividends and interest
  • 6-444
  • Promotional activities prohibited
Article 5Investments and Powers
  • 6-446
  • Other investments and powers
  • 6-449
  • General loan contract provisions
  • 6-450
  • Modification agreements
  • 6-452
  • Purchase of real or personal property at forced sale
  • 6-453
  • Purchase of real estate for office and rental purposes
  • 6-454
  • Appraisal of real estate owned
  • 6-456
  • Effect of unauthorized investments and loans; liability of officers
Article 6Voluntary Corporate Changes
  • 6-459
  • Amendment of articles of incorporation
  • 6-460
  • Procedure to amend articles of incorporation
  • 6-461
  • Existing associations; adoption of articles and by-laws
  • 6-462
  • Conversion from state to federal association
  • 6-463
  • Conversion from federal to state association
  • 6-464
  • Effect of conversion
  • 6-465
  • Merger of associations or corporations
Article 7Voluntary Liquidation
  • 6-467
  • Authority to liquidate
  • 6-468
  • Decision as to liquidation; adoption of plan
  • 6-469
  • Election of liquidators; report; supervision
  • 6-470
  • Protection and liquidation of assets
  • 6-471
  • Filing and payment of claims
  • 6-472
  • Final distribution and dissolution
Article 8Supervision
  • 6-474
  • Accounting practices and records
  • 6-477
  • Audit by public accountant
  • 6-478
  • Reports to superintendent and members
  • 6-479
  • Information to federal authorities
  • 6-482
  • Receiver; appointment; transfer of assets; powers; liability
  • 6-483
  • Procedure for liquidation; rights of share transferor
  • 6-484
  • Illegal use of name; classification
Article 9Rehabilitation and Reorganization
  • 6-486
  • Rehabilitation of associations; definition of plan
  • 6-487
  • Proposal of plan; petition; notice of hearing
  • 6-488
  • Hearing; fairness of plan
  • 6-489
  • Consents required for plan to operate; exceptions
  • 6-490
  • Time of giving consents; jurisdiction of court
  • 6-491
  • Effect of approval and consents
  • 6-493
  • Securities defined; power to issue under plan
  • 6-494
  • Authority of fiduciaries
Article 10Miscellaneous Provisions
  • 6-495
  • Reservation of powers to legislature
  • 6-496
  • Applicability of other statutes
  • 6-497
  • Effect on existing associations
Chapter 4
CREDIT UNIONS
Article 1General Provisions
  • 6-502
  • Reports and examinations
  • 6-503
  • Accounting and records
Article 2Formation of Credit Union
  • 6-506
  • Organization procedure
  • 6-507
  • Certificate of approval; filing with corporation commission; certificate of incorporation
  • 6-508
  • Certificate of organization and bylaws
  • 6-509
  • Exclusive use of name; exception
  • 6-510
  • Principal place of business; branch office; automated teller machines
  • 6-511
  • Out-of-state credit union
Article 3Powers of Credit Union
Article 4Membership
  • 6-522
  • Organization members
  • 6-523
  • Membership applications
  • 6-524
  • Termination of membership
  • 6-525
  • Meetings of members
  • 6-526
  • Calling of special meetings
  • 6-527
  • Liability of members
Article 5Direction of Affairs
  • 6-531
  • Authority and responsibility of directors; voting
  • 6-533
  • Compensation of officials
  • 6-534
  • Conflicts of interest
  • 6-536
  • Executive committee
  • 6-537
  • Certain duties of directors; insurance
  • 6-542
  • Suspension and removal of officials
  • 6-543
  • Action without meeting
Article 6Accounts
  • 6-556
  • Multiple party accounts
  • 6-558
  • Member account insurance
  • 6-559
  • Savings promotion accounts
Article 7Loans
  • 6-561
  • Purpose and conditions of loans; prepayment penalties
  • 6-562
  • Interest rates and other charges
  • 6-563
  • Other loan programs
Article 8Other Member Services
  • 6-571
  • Insurance for members
  • 6-573
  • Money type instruments
  • 6-574
  • Retirement accounts
Article 9Investments
  • 6-576
  • Investment authority
  • 6-577
  • Authorized investments
Article 10Reserves
  • 6-581
  • Transfers to regular reserve
  • 6-582
  • Use of regular reserve
Article 11Dissolutions
  • 6-584
  • Voluntary dissolution
  • 6-585
  • Involuntary dissolution
  • 6-586
  • Distribution of assets of liquidating credit union
Article 12Change in Corporate Status
  • 6-587
  • Merger or consolidation of credit unions
  • 6-588
  • Conversion of credit union
Article 13Corporate Credit Union
  • 6-592
  • Purposes; membership
  • 6-593
  • Powers of corporate credit union; federal parity
  • 6-594
  • Participation in central system
Chapter 5
CONSUMER LENDERS
Article 1General Provisions
  • 6-603
  • License; contents of application; fees; nontransferable
  • 6-604
  • Issuance of license; license year; requirements
  • 6-605
  • Denial of renewal; suspension; revocation
  • 6-606
  • Business limited to licensed locations; restrictions
  • 6-607
  • Books; accounts; records; access
  • 6-608
  • Annual report of licensee; civil penalty for failure to file
  • 6-609
  • Reporting rates; change in rates; quarterly report of superintendent
  • 6-610
  • Effect of revocation, suspension or surrender on preexisting contract; impairment of contracts
  • 6-613
  • Restrictions; voidable loans
  • 6-615
  • Foreign loans; reciprocity
Article 2Requirements for Consumer Lender Loans
  • 6-631
  • Disclosures; penalty
  • 6-633
  • Computation of finance charges
  • 6-634
  • Precomputation of consumer loan
  • 6-635
  • Other allowable fees; annual reporting
  • 6-636
  • Insurance securing loan; cancellation; notice
  • 6-639
  • Loans from theft or fraud; consumer not responsible; correction of credit information
Chapter 6
DEBT MANAGEMENT COMPANIES
Article 1In General
  • 6-704
  • Application for license; bonds; contract
  • 6-705
  • Branch offices and agencies
  • 6-707
  • Issuance of license; display; cancellation on termination
  • 6-708
  • Denial; revocation or suspension of license
Chapter 7
ESCROW AGENTS
Article 1Administration
  • 6-802
  • Acknowledgment of report of examination; penalty
Article 2Licensing
  • 6-812
  • Foreign corporations
  • 6-813
  • License of agent; nontransferable; posting
  • 6-814
  • Procedure for licensing; surety bond
  • 6-817
  • Refusal to license; suspension; revocation
Article 3Regulations
  • 6-832
  • Annual audit; report
  • 6-833
  • Seizure of property of impaired escrow agent
  • 6-833.01
  • Priority of distribution during receivership
  • 6-834
  • Deposit of monies; definition
  • 6-835
  • Limit of legal action
  • 6-836
  • Commissions; other considerations prohibited
  • 6-837
  • Duty of escrow agent to produce escrow records for inspection; violation; classification
  • 6-838
  • Surrender of license
  • 6-839
  • Continuing jurisdiction
  • 6-840
  • Prohibitions; definitions
  • 6-841
  • Internal control structure; definition
  • 6-841.01
  • Fiduciary duty; notice of returned check
  • 6-841.02
  • Liability of title insurer; closing protection letter; definition
  • 6-841.03
  • Notice of uninsured monies; rules
  • 6-843
  • Disbursements; applicability
Article 4Escrow Rates
  • 6-846
  • Making of escrow rates
  • 6-846.04
  • Deviations in escrow rates; civil penalty
Chapter 8
TRUST COMPANIES
Article 1General Provisions
  • 6-852
  • Exemptions and permitted activities
  • 6-853
  • Certificate required; exceptions
  • 6-854
  • Application for certificate
  • 6-854.01
  • Articles of incorporation; approval; changes
  • 6-854.02
  • Board of directors; number; bylaws
  • 6-856
  • Minimum capital; dividends; other requirements
  • 6-857
  • Issuance of certificate; hearing
  • 6-859
  • Records; audits; preservation of records; protection; insurance; bond; contingency plan
  • 6-860
  • Duty of trustee, escrow officer or agent to produce trust or escrow records for inspection; violation; classification
  • 6-863
  • Suspension or revocation of certificate
  • 6-864
  • Continuing jurisdiction
  • 6-865
  • Unsafe condition; receivership
  • 6-866
  • Limit of legal action
  • 6-868
  • Fidelity bond; requirements
  • 6-869
  • Meetings; reports; report of examination; response; penalties
  • 6-870.01
  • Acceptance of other examinations; cooperative agreements
Article 2Uniform Common Trust Fund Act
  • 6-871
  • Establishment of common trust funds
  • 6-873
  • Uniformity of interpretation
Article 3Authorization to Accept Savings Accounts and Time Deposits
  • 6-882
  • Savings accounts and time deposits; insurance; withdrawal; notice
Chapter 9
MORTGAGE BROKERS, MORTGAGE BANKERS AND LOAN ORIGINATORS
Article 1Mortgage Brokers
  • 6-903
  • Licensing of mortgage brokers required; qualifications; application; bond; fees; renewal
  • 6-904
  • Issuance of license; renewal; inactive status; branch office license; application; fee
  • 6-905
  • Denial, suspension or revocation of licenses
  • 6-906
  • Required accounting practices and records; escrow of monies; disclosure
  • 6-907
  • Required disclosure to investors
  • 6-908
  • Testing committee; testing of applicants; approval by superintendent; definition
  • 6-910
  • Noncompliance not to affect validity of loan
  • 6-911
  • Active military duty; compensation
  • 6-912
  • Certificate of exemption
  • 6-913
  • Conversion to commercial mortgage broker license
Article 2Mortgage Bankers
  • 6-943
  • Licensing of mortgage bankers required; qualifications; application; bond; fees; renewal
  • 6-944
  • Issuance of license; renewal; branch office license; application; fee
  • 6-945
  • Denial, suspension or revocation of licenses
  • 6-946
  • Required accounting practices and records; refundable deposits; periodic impoundment payments; disclosure
  • 6-948
  • Noncompliance not to affect validity of loan
  • 6-949
  • Conversion to mortgage broker license
Article 3Commercial Mortgage Bankers
  • 6-973
  • Licensing commercial mortgage bankers required; qualifications
  • 6-974
  • Application for license; issuance or denial; fees
  • 6-975
  • Bond or other security
  • 6-976
  • Responsible individual; employees
  • 6-977
  • Displaying and using license number
  • 6-978
  • Consent of superintendent for transferring, assigning or acquiring control of licensee; definition
  • 6-979
  • Principal place of business; branch office license; change of address
  • 6-980
  • Annual renewal; expiration on failure to renew
  • 6-982
  • Denial, suspension or revocation of licenses
  • 6-983
  • Required accounting practices and records; escrow of monies; disclosure
  • 6-985
  • Noncompliance not to affect validity of loan
Article 4Loan Originators
  • 6-991.03
  • Licensing; renewal; qualifications; application; fees
  • 6-991.04
  • Issuance of license; notice from employing mortgage broker, mortgage banker or consumer lender or registered exempt person; renewal; inactive status; address change; fee
  • 6-991.05
  • Denial, suspension or revocation of licenses
  • 6-991.08
  • Reasonable efforts to secure advantageous loan for borrower
  • 6-991.09
  • Mortgage recovery fund; liability limits
  • 6-991.10
  • Payments to the mortgage recovery fund
  • 6-991.11
  • Statute of limitations; service of summons; application for payment; insufficient monies; definition
  • 6-991.12
  • Notice of claim to judgment debtor; response
  • 6-991.13
  • Correction of deficiencies in the application
  • 6-991.15
  • Final decision and order on claim; notice
  • 6-991.16
  • Claimant's right to appeal denial of claim; service of notice of appeal; response; failure to file response
  • 6-991.17
  • Superintendent's standing in court
  • 6-991.18
  • Subrogation of rights; collection
  • 6-991.20
  • Effect of article on disciplinary action
  • 6-991.21
  • Financial services fund; use of fund
  • 6-991.22
  • Noncompliance not to affect validity of loan
Chapter 10
SAFE DEPOSIT AND SAFEKEEPING
Article 1General Provisions
  • 6-1002
  • Legal relationship in use of safe deposit facilities
  • 6-1003
  • Change of location of repositories
  • 6-1004
  • Tenancy in two or more names
  • 6-1006
  • Adverse claims to repository; definitions
  • 6-1007
  • Lessee's death or incompetency; revocation of power of attorney
  • 6-1008
  • Procedure on death of lessee
  • 6-1009
  • Lessor's lien; default of lessee; or failure to surrender
Chapter 11
FINANCIAL INSTITUTION HOLDING COMPANIES
Article 1General Provisions
  • 6-1103
  • Exempt persons and transactions
  • 6-1104
  • Acquisition of control; approval by superintendent
  • 6-1105
  • Application for approval
  • 6-1106
  • Material change of fact; filing amended statements
  • 6-1107
  • Denial of application; grounds
  • 6-1108
  • Failure to act on application as approval
  • 6-1109
  • Determination of control of one person by another; hearing; notice
  • 6-1110
  • Appointment of superintendent as agent for service of process; forwarding of process; consent to jurisdiction
  • 6-1112
  • Acquisition of voting securities in violation of article; limitation on rights as shareholder; injunction
  • 6-1113
  • Reports; examination; costs
Chapter 12
TRANSMITTERS OF MONEY
Article 1Licenses and Regulation
  • 6-1204
  • Application for license; fees
  • 6-1205
  • Bond required; conditions; notice; cancellation; substitution
  • 6-1206
  • Issuance of license; renewal
  • 6-1207
  • Principal and branch offices; notices
  • 6-1208
  • Authorized delegates of licensee; reports
  • 6-1209
  • Cease and desist orders; examinations
  • 6-1210
  • Suspension or revocation of licenses
  • 6-1212
  • Permissible investments
  • 6-1215
  • Notice of source of instrument; transaction records
  • 6-1217
  • Appointment of superintendent as agent for service of process; forwarding of process; consent to jurisdiction
  • 6-1218
  • Prohibited transactions
Article 2Money Laundering
  • 6-1241
  • Reports to the attorney general; investigation; violation; classification
Chapter 12.1
DEFERRED PRESENTMENT COMPANIES
Article 1General Provisions
  • 6-1253
  • Application for license; financial statement
  • 6-1254
  • Qualifications of applicants
  • 6-1256
  • Annual renewal of license
  • 6-1258
  • Denial, revocation or suspension of license
  • 6-1260
  • Deferred presentment; amount; fees; loans to members of military service
  • 6-1261
  • Books, accounts and records; examinations; costs
  • 6-1262
  • Violation; classification; individual liability
Chapter 13
ADVANCE FEE LOAN BROKERS
Article 1General Provisions
  • 6-1302
  • Scope of chapter; exemptions
  • 6-1303
  • Application for registration
  • 6-1305
  • Registration; renewal; reporting requirements
  • 6-1306
  • Register of advance fee loan brokers
  • 6-1308
  • Denial, revocation or suspension of registration
  • 6-1310
  • Noncompliance not to affect validity of loan
Chapter 14
PREMIUM FINANCE COMPANIES
Article 1General Provisions
  • 6-1402
  • Licensure required; contents of application; fees; nontransferable; branch office permit
  • 6-1404
  • Denial, suspension or revocation of licenses and branch office permits
  • 6-1405
  • Issuance of license or branch office permit; license year; requirements
  • 6-1406
  • Books and records of premium finance company; access to records
  • 6-1407
  • Removal of place of business
  • 6-1408
  • Annual report of licensee; civil penalty for failure to file
  • 6-1409
  • Effect of revocation, suspension or surrender on preexisting contracts; impairment of contracts
  • 6-1410
  • Form of premium finance agreement; notice
  • 6-1411
  • Disclosure requirements
  • 6-1412
  • Limitation on interest and other charges
  • 6-1414
  • Splitting of premium finance agreement prohibited
  • 6-1415
  • Cancellation of insurance contract upon default
  • 6-1417
  • Servicing of premium finance agreements
  • 6-1418
  • Exemption from any filing requirements
Chapter 15
TAXES ON FINANCIAL INSTITUTIONS
Article 1General Provisions
  • 6-1501
  • Method of taxing national banking associations
  • 6-1502
  • Method of taxing banks, investment companies and savings and loan associations
Chapter 16
FINANCIAL INSTITUTIONS DATA MATCH AND DATA EXCHANGE
Article 1General Provisions
  • 6-1601
  • Financial institutions data match and data exchange; surrender of assets of delinquent taxpayer; nonliability
Chapter 17
REVERSE MORTGAGES
Article 1General Provisions
  • 6-1702
  • Financial counseling; counselor requirements
  • 6-1703
  • Required disclosures; counseling
  • 6-1704
  • Reverse mortgage; provisions
  • 6-1705
  • Prepayment; repayment conditions
  • 6-1706
  • Borrower liability; prohibited practices; investments; annuities
  • 6-1708
  • Lien priority and validity