Terms Used In Arizona Laws > Title 3 > Chapter 2 > Article 4 - Arizona Organic Food Certification Program

• Action: includes any matter or proceeding in a court, civil or criminal. See Arizona Laws 1-215
• Certificate: means a certificate of authority issued under this chapter to engage in trust business. See Arizona Laws 6-851
• Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
• Deputy director: means the deputy director of the financial institutions division of the department. See Arizona Laws 6-101
• Federal deposit insurance corporation: includes any successor to the corporation or other agency or instrumentality of the United States that undertakes to discharge the purposes of the corporation. See Arizona Laws 6-101
• Federal Deposit Insurance Corporation: A government corporation that insures the deposits of all national and state banks that are members of the Federal Reserve System. ^{Source: OCC}
• Savings account: means monies received or held by the trust company in the usual course of business and for which the trust company is obligated to give conditional or unconditional credit. See Arizona Laws 6-881
• Time deposit: means a deposit that the depositor does not have a right to withdraw for at least seven days after the date of deposit. See Arizona Laws 6-881
• Trust company: means a corporation holding a certificate issued under this article. See Arizona Laws 6-851