Ariz. Rev. Stat. § 6-395.14
Current through L. 2024, ch. 259
A transaction that occurs within six months after the date on which the deputy director takes possession of a bank is voidable by the receiver if the transaction has the effect of enabling a creditor, affiliate, officer, director, stockholder or employee, or a relative of any of those persons, to obtain a preference over any other creditor of the bank.
A.R.S. § 6-395.14