R20-4-1601. Definitions

In addition to the definitions provided in A.R.S. § 6-141, the following terms apply to this Article unless the context otherwise requires: “Acquiring party” means a person who intends to acquire control of a bank, trust company, savings and loan association, or controlling person under A.R.S. Title 6, Chapter 1, Article 4. “Bank” has the meaning stated in A.R.S. § 6-101. “Director” has the meaning stated in A.R.S. § 6-101(7). “Savings and loan association” means a person required to possess a permit issued by the Director under A.R.S. Title 6, Chapter 3. “Target company” means a bank, savings and loan association, trust company, or controlling person to be acquired by an acquiring party. “Trust company” has the meaning stated in A.R.S. § 6-851.