Arizona § 6-188 - Bonds and insurance; coverage
Full text of Arizona Arizona Revised Statutes § 6-188 — Bonds and insurance; coverage, with citation guidance and answers to common questions.
§ 6-188. Bonds and insurance; coverage
The board of directors shall require protection and indemnity for the bank against defalcation, forgery, theft and other similar insurable losses, with corporate insurance or surety companies authorized to do business in this state. Coverage against defalcation shall include all active officers and employees of the bank whether or not they draw salary or compensation.
Source: official Arizona text · Last verified 2026-08-27
Frequently Asked Questions About Arizona § 6-188
What does Arizona Revised Statutes § 6-188 cover?
Section 6-188 ("Bonds and insurance; coverage") 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 § 6-188?
A common citation format is "Arizona Revised Statutes § 6-188" (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 § 6-188 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.