{"data":{"id":"us-az/a.r.s.-6-558","jurisdiction":"us-az","citation":"A.R.S. § 6-558","heading":"Member account insurance","body":"A. Before the incorporators of a credit union forward the organization documents to the deputy director, as required by section 6-506, they shall apply for insurance on share and deposit accounts from an insuring organization.\n\nB. The deputy director shall not grant a certificate of approval to form a credit union unless the proposed credit union has obtained a commitment for insurance on member accounts.\n\nC. A credit union may not begin operations as a credit union or continue operations without share and deposit account insurance acceptable to the deputy director.","path":["Title 6 Banks and Financial Institutions"],"source_url":"https://www.azleg.gov/ars/6/00558.htm","current_through":"57th Legislature, 2nd Regular Session (effective 2027-01-01); mirror section count 24991","vintage":"2026-09-15","retrieved_at":"2026-09-26T04:29:04Z","sha256":"d4a244a8df6e5a7b04dbcc6d4ca4fa460ca19381ed200e95371226cb14f1a3fb","source_id":"us-az","stale":false,"prev":"us-az/a.r.s.-6-557","next":"us-az/a.r.s.-6-559"},"notice":"GroundRules: Original legal text. Not legal advice."}