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Home » US Law » 2022 Arizona Revised Statutes » Title 6 - Banks and Financial Institutions » Article 5 - Proceedings for Officer Removal

§ 6-161 – Suspension, removal or prohibition; hearing; notice

6-161. Suspension, removal or prohibition; hearing; notice A. The deputy director, subject to the requirements of this article, may remove or suspend from office or prohibit from participating in any of the affairs of a financial institution or enterprise any director, officer, employee, agent or other person participating in the conduct of the affairs of […]

§ 6-162 – Temporary prohibition; injunction

6-162. Temporary prohibition; injunction A. If the deputy director determines from the available facts that the conduct of the respondent is likely to cause the financial institution or enterprise to suffer substantial financial loss before an order can be issued under section 6-161, the deputy director may issue a temporary order prohibiting the respondent from […]

§ 6-163 – Judicial review

6-163. Judicial review Except as provided in section 41-1092.08, subsection H, any party to a proceeding under this article may obtain judicial review of any final order pursuant to title 12, chapter 7, article 6 other than an order issued with consent of the financial institution or enterprise or other person concerned if the complaint […]

§ 6-164 – Attorney fees and expenses

6-164. Attorney fees and expenses In any proceeding instituted under this article in which a director or officer is a party, and if the deputy director or court allows such party reasonable expenses and attorney fees, the deputy director or the court may provide that such expenses and fees shall be paid by the financial […]

§ 6-165 – Enforcement of order

6-165. Enforcement of order The deputy director may apply to the superior court for the enforcement of any effective and outstanding order issued under this article, and the court has jurisdiction to order and require compliance with the order. Except as otherwise provided in this article, a court has jurisdiction to affect by injunction or […]