Section R20-4-1601. Definitions  


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  • In this Article, unless the context otherwise requires:

    “Acquiring party” means a person who intends to acquire con- trol of a bank, trust company, savings and loan association, or controlling person under A.R.S. Title 6, Chapter 1, Article 4.

    “Acquisition of control” has the meaning stated in A.R.S. § 6- 141.

    “Bank” has the meaning stated in A.R.S. § 6-101. “Control” has the meaning stated in A.R.S. § 6-141.

    “Controlling person” has the meaning stated in A.R.S. § 6- 141.

    “Person” has the meaning stated in A.R.S. § 6-141.

    “Savings and loan association” means a person required to possess a permit issued by the Superintendent under A.R.S. Title 6, Chapter 3.

    “Superintendent” has the meaning stated in A.R.S. § 6-101.

    “Target company” means a bank, savings and loan association, trust company, or controlling person to be acquired by an acquiring party.

    “Trust company” has the meaning stated in A.R.S. § 6-851. Voting security” has the meaning stated in A.R.S. § 6-141.

Historical Note

Adopted as an emergency effective September 6, 1978, pursuant to A.R.S. § 41-1003, valid for only 90 days (Supp. 78-5). Adopted effective January 12, 1979 (Supp.

79-1). R20-4-1601 recodified from R4-4-1601 (Supp. 95- 1). Amended by final rulemaking at 9 A.A.R. 5055,

effective January 3, 2004 (Supp. 03-4).