The Arizona Removal of Bank Stockholders’ Double Liability Amendment, also known as Proposition 1, was on the September 12, 1950 ballot in Arizona as a legislatively-referred constitutional amendment, where it was defeated. The measure would have removed the double liability assumed by owners of bank shares.
| Arizona Proposition 1 (1950)|
|Yes|| 61,196|| 40.19%|
Election results via: Arizona State Library
Text of measure
The text of the measure can be found here.