Ariz. Admin. Code § R20-4-1701
In addition to the definitions provided in A.R.S. § 6-321, the following terms apply to this Article unless the context otherwise requires:
“Applicant” means an out-of-state financial institution that intends to acquire control of an in-state financial institution.
“Director” has the meaning stated in A.R.S. § 6-101(7).
Adopted effective October 1, 1986 (Supp. 86-5). R20-4-1701 recodified from R4-4-1701 (Supp. 95-1). Amended by final rulemaking at 11 A.A.R. 2031, effective July 2, 2005 (Supp. 05-2). Amended by final rulemaking at 29 A.A.R. 1937 (September 1, 2023), effective October 2, 2023 (Supp. 23-3).