6-494. Authority of fiduciaries
54 words·~1 min read·
/az/title-6/6-494A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
An executor, administrator, guardian, receiver, trustee of any kind or nature, and an insurance company may consent to any plan or exchange any shares of guaranty capital, accounts, creditors' claims or other rights or claims for securities issued pursuant to any plan and may continue to hold as a legal investment securities so received.