Arizona § 6-384 - Deposit of fiduciary funds
Full text of Arizona Arizona Revised Statutes § 6-384 — Deposit of fiduciary funds, with citation guidance and answers to common questions.
§ 6-384. Deposit of fiduciary funds
Cash held by a bank as fiduciary may be deposited to the credit of the bank as such fiduciary on time or demand account with itself or with any other bank the deposits of which are insured by the federal deposit insurance corporation. Unless otherwise provided by the writing creating the trust, if such funds are deposited with itself the bank shall secure such deposits with securities described in section 6-352, subsection D, paragraph 2, or other security approved by the deputy director for the purpose, in the amount of the deposit, subject to section 6-245, subsection C.
Source: official Arizona text · Last verified 2026-08-27
Frequently Asked Questions About Arizona § 6-384
What does Arizona Revised Statutes § 6-384 cover?
Section 6-384 ("Deposit of fiduciary funds") 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 § 6-384?
A common citation format is "Arizona Revised Statutes § 6-384" (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 § 6-384 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.