2010 Arizona Revised Statutes
Title 33 - Property
33-1130 Tools and equipment used in a commercial activity, trade, business or profession
|
33-1130. Tools and equipment used in a commercial activity, trade, business or profession The following tools and equipment of a debtor used in a commercial activity, trade, business or profession shall be exempt from process: 1. The tools, equipment, instruments and books of a debtor or the spouse of a debtor primarily used in, and necessary to carry on, the commercial activity, trade, business or profession of the debtor or the debtor's spouse, not in excess of an aggregate fair market value of two thousand five hundred dollars. For the purpose of this paragraph, "tools" do not include a motor vehicle primarily used by a debtor for personal, family or household purposes such as transportation to and from the debtor's place of employment. 2. Farm machinery, utensils, implements of husbandry, feed, seed, grain and animals not in excess of an aggregate value of two thousand five hundred dollars belonging to a debtor whose primary income is derived from farming. 3. All arms, uniforms and accoutrements required by law to be kept by a debtor. |
Disclaimer: These codes may not be the most recent version. Arizona may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
