Arizona § 6-324 - De novo entry by certain financial institutions

Full text of Arizona Arizona Revised Statutes § 6-324 — De novo entry by certain financial institutions, with citation guidance and answers to common questions.

§ 6-324. De novo entry by certain financial institutions

An out-of-state financial institution may establish a bank, savings and loan association or holding company in this state through de novo entry subject to the applicable laws of this state. An in-state financial institution may not be acquired for operation as a branch by an out-of-state financial institution until it has been in continuous operation for five or more years on the date of the proposed acquisition.

Source: official Arizona text · Last verified 2026-08-27

Frequently Asked Questions About Arizona § 6-324

What does Arizona Revised Statutes § 6-324 cover?

Section 6-324 ("De novo entry by certain financial institutions") 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 § 6-324?

A common citation format is "Arizona Revised Statutes § 6-324" (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 § 6-324 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.