6-395.14. Voidable transactions
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/az/title-6/6-395-14·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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.