House Engrossed

State of Arizona House of Representatives Fifty-fourth Legislature First Regular Session 2019

CHAPTER 30

HOUSE BILL 2284

 

AN ACT

 

amending title 6, chapter 4, article 1, Arizona Revised Statutes, by adding section 6‑505; relating to credit unions.

 

 

(TEXT OF BILL BEGINS ON NEXT PAGE)

 

Be it enacted by the Legislature of the State of Arizona:

Section 1.  Title 6, chapter 4, article 1, Arizona Revised Statutes, is amended by adding section 6-505, to read:

START_STATUTE6-505.  Declaration of purpose

The purpose of this chapter, which governs judicial and administrative interpretation and application of this chapter, is to provide opportunity for credit unions 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. END_STATUTE

 

 

 

 

APPROVED BY THE GOVERNOR MARCH 22, 2019.

 

FILED IN THE OFFICE OF THE SECRETARY OF STATE MARCH 22, 2019.