Arizona § 6-540 - Loan officers
Full text of Arizona Arizona Revised Statutes § 6-540 — Loan officers, with citation guidance and answers to common questions.
§ 6-540. Loan officers
A. The president may appoint one or more loan officers and delegate the power to approve or disapprove loans, subject to those limitations or conditions as the credit committee or board of directors prescribes.
B. A member whose application is disapproved by a loan officer may appeal the action to the credit committee or credit manager as appropriate under the bylaws.
Source: official Arizona text · Last verified 2026-08-27
Frequently Asked Questions About Arizona § 6-540
What does Arizona Revised Statutes § 6-540 cover?
Section 6-540 ("Loan officers") 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 § 6-540?
A common citation format is "Arizona Revised Statutes § 6-540" (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 § 6-540 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.