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Arizona State Statutes: Title 6 - Credit Union Code
The Arizona Revised Statutes have been updated with the 47th Legislature, 1st Regular Session information, and contain the version of the statutes effective August 12, 2005.
 
Printable PDF Version of the Credit Union Code
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Online Version of the Credit Union Code
Article 1 General Provisions
6-501 Definitions
6-502 Reports and examinations
6-503 Accounting and records
6-504 Advertising
   
Article 2 Formation of Credit Union
6-506 Organization procedure
6-507 Certificate of approval; filing with corporation commission; certificate of incorporation
6-508 Certificate of organization and bylaws
6-509 Exclusive use of name; exception
6-510 Principal place of business; branch office; automated teller machines
6-511 Out of state credit union
6-512 Fiscal year
   
Article 3 Powers of Credit Union
6-516 General powers
6-517 Federal parity
   
Article 4 Membership
6-521 Membership
6-522 Organization members
6-523 Membership applications
6-524 Termination of membership
6-525 Meetings of members
6-526 Calling of special meetings
6-527 Liability of members
   
Article 5 Direction of Affairs
6-531 Authority and responsibility of directors; voting
6-532 Election of board
6-533 Compensation of officials
6-534 Conflicts of interest
6-535 Officers
6-536 Executive committee
6-537 Certain duties of directors; insurance
6-538 Credit committee
6-539 Credit manager
6-540 Loan officers
6-541 Audits
6-542 Suspension and removal of officials
   
Article 6 Accounts
6-551 Share accounts
6-552 Dividends
6-553 Deposit accounts
6-554 Withdrawals
6-555 Minors' accounts
6-556 Multiple party accounts
6-557 Liens
6-558 Member account insurance
   
Article 7 Loans
6-561 Purpose and conditions of loans
6-562 Interest rates and other charges
6-563 Other loan programs
6-564 Loans to officials
   
Article 8 Other Member Services
6-571 Insurance for members
6-572 Group purchasing
6-573 Money type instruments
6-574 Retirement accounts
   
Article 9 Investments
6-576 Investment authority
6-577 Authorized investments
   
Article 10 Reserves
6-581 Transfers to regular reserve
6-582 Use of regular reserve
6-583 Special reserves
   
Article 11 Dissolutions
6-584 Voluntary dissolution
6-585 Involuntary dissolution
6-586 Distribution of assets of liquidating credit union
   
Article 12 Change in Corporate Status
6-587 Merger or consolidation of credit unions
6-588 Conversion of credit union
   
Article 13 Corporate Credit Union
6-591 Organization
6-592 Purposes; membership
6-593 Powers of corporate credit union; federal parity
6-594 Participation in central system
6-595 Reserves
   
 
If you would like any additional information about the Credit Union Code of Arizona or if you have other Legal or Regulatory questions, please contact Nicole Holt at 602-264-6701 ext. 208.
 
ACUS
 The Arizona Credit Union System (ACUS) is a full-service trade association with more than 59 member credit unions serving over 1.5 million Arizonans.  ACUS benefits member credit unions through effective advocacy, strategic public policy and valuable member services.

(602) 264-6701 - Phoenix
(800) 352-0387 - Outside the Phoenix metro area

Copyright 2007, ARIZONA CREDIT UNION SYSTEM (ACUS).

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The more co-sponsors we can get to either re-sign onto CURIA or sign on for the first time, the greater impact there will be to move this legislation forward.