Arizona Laws 6-881. Definitions
Current as of: 2023 | Check for updates
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In this article, unless the context otherwise requires:
Terms Used In Arizona Laws 6-881
- Trust company: means a corporation holding a certificate issued under this article. See Arizona Laws 6-851
1. "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.
2. "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.