Section R20-4-324. Give-aways -- A.R.S. § 6-444

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A give-away may be given by an association if:

1.        The give-away is given in connection with a promotional campaign for the opening of or increasing the amount of savings accounts and not on a recurring basis;

2.        The value of the give-away does not exceed:

a.         $5.00 for the opening of a new account, or for an addition to an existing   account of less than

$5,000.00;

b.        $10.00 for the opening of a new account, or for an addition to an existing account, of $5,000.00 or more.

Effective 8-13-72

Historical Note

Former Rule 24. R20-4-324 recodified from R4-4-324 (Supp. 95-1).

                    
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