Accounts, shares of guaranty capital, and membership in an association may be held:

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Terms Used In Arizona Laws 6-430

  • Association: means every association to which this chapter applies as defined in the section concerning scope of chapter. See Arizona Laws 6-401
  • Person: includes a corporation, company, partnership, firm, association or society, as well as a natural person. See Arizona Laws 1-215

1. By any person in his own right, regardless of his age or marital status, or by two or more of such persons.

2. By a government or governmental instrumentality when authorized by law.