Arizona Bank Stockholder Liabilities, Proposition 2 (1956)

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The Arizona Bank Stockholder Liabilities Amendment, also known as Proposition 2, was on the September 11, 1956 ballot in Arizona as a legislatively-referred constitutional amendment, where it was approved. The measure provided that stockholders of banks insured by the Federal Deposit Insurance Corporation shall be liable for obligations to the banks only to the extent of the amounts already invested in the stocks of the banks.[1]

Election results

Arizona Proposition 2 (1956)
ResultVotesPercentage
Approveda Yes 70,670 64.01%
No39,74135.99%

Election results via: Arizona State Library

Text of measure

The text of the measure can be found here.

See also

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This historical ballot measure article requires the text of the measure to be added to the page.