Arizona § 6-193 - Bank and holding company subsidiaries; powers
Full text of Arizona Arizona Revised Statutes § 6-193 — Bank and holding company subsidiaries; powers, with citation guidance and answers to common questions.
§ 6-193. Bank and holding company subsidiaries; powers
A subsidiary of a bank or a nonbank subsidiary of a holding company may:
1. Deal in and underwrite all obligations issued or guaranteed by or on behalf of a state or a political subdivision of a state or an agency or instrumentality of either a state or political subdivision.
2. Organize, sponsor, operate and control an investment company, as defined in section 3 of the investment company act of 1940 (15 United States Code section 80a-3), and underwrite, deal in, sell and distribute, as principal or agent, or both, the securities of such an investment company.
3. Deal in and underwrite:
(a) Promissory notes secured by real estate mortgages.
(b) Credit obligations secured by real or personal property or manufactured housing.
(c) Participation interests in such notes and credit obligations.
(d) Mortgage related payment bonds secured by such notes or participation interests.
4. Underwrite, deal in, sell and distribute, as principal or agent, or both, commercial paper issued by any entity.
Source: official Arizona text · Last verified 2026-08-27
Frequently Asked Questions About Arizona § 6-193
What does Arizona Revised Statutes § 6-193 cover?
Section 6-193 ("Bank and holding company subsidiaries; powers") is part of the Arizona Revised Statutes, the codified statutory law of Arizona. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Arizona § 6-193?
A common citation format is "Arizona Revised Statutes § 6-193" (Arizona). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Arizona law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Arizona official source linked on this page or consult a licensed Arizona attorney.
How does Arizona § 6-193 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Arizona can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Arizona.