Constitution · Arizona

Ariz. Const. art. 14, § 12

Constitution
Constitution of Arizona
Text as of
October 2026

What does this section say?

Any president, director, manager, cashier, or other officer of any banking institution who shall receive, or assent to, the reception of any deposits after he shall have knowledge of the fact that such banking institution is insolvent or in failing circumstances shall be individually responsible for such deposits.

The text is copied from the official source: www.azleg.gov. This is the stored text for research. It is not legal advice; check the official source before you rely on it.

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