Arizona § 6-272 - Deposits exempt from reserve requirement
Full text of Arizona Arizona Revised Statutes § 6-272 — Deposits exempt from reserve requirement, with citation guidance and answers to common questions.
§ 6-272. Deposits exempt from reserve requirement
In determining the legal reserves required by this article a bank may deduct from its gross deposits such deposits as are lawfully secured and each deposit balance due to another bank to the extent of a reciprocal deposit due from such other bank.
Source: official Arizona text · Last verified 2026-08-27
Frequently Asked Questions About Arizona § 6-272
What does Arizona Revised Statutes § 6-272 cover?
Section 6-272 ("Deposits exempt from reserve requirement") 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 § 6-272?
A common citation format is "Arizona Revised Statutes § 6-272" (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 § 6-272 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.