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Bill > SB1090


AZ SB1090

AZ SB1090
Savings and loan; technical correction


summary

Introduced
01/12/2026
In Committee
Crossed Over
Passed
Dead

Introduced Session

Potential new amendment
Fifty-seventh Legislature - Second Regular Session (2026)

Bill Summary

AN ACT amending section 6-403, arizona revised statutes; relating to savings and loan associations.

AI Summary

This bill makes a technical correction to Arizona law regarding savings and loan associations by amending section 6-403 of the Arizona Revised Statutes. The change primarily involves updating the wording in the prohibitions section to clarify that no person or group can conduct business within the scope of the savings and loan chapter, or use advertising or make representations that imply such operations, without proper authorization. Specifically, the bill replaces the word "which" with "that" in two instances to improve grammatical clarity and removes an unnecessary "or" to streamline the sentence structure, ensuring the law accurately reflects its intended meaning.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Senate FIN Committee action: Held, voting: (0-0-0-0) (on 02/09/2026)

bill text


bill summary

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bill summary

Document Type Source Location
State Bill Page https://apps.azleg.gov/BillStatus/BillOverview/83759
SENATE - Finance - Strike Everything https://apps.azleg.gov/BillStatus/GetDocumentPdf/536217
Analysis - SENATE FACT SHEET: 02/05/2026 FIN Striker Memo https://apps.azleg.gov/BillStatus/GetDocumentPdf/536234
BillText https://www.azleg.gov/legtext/57leg/2r/bills/sb1090p.htm
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