2010 Arizona Revised Statutes
Title 47 - Uniform Commercial Code
47-9505 Filing and compliance with other statutes and treaties for consignments, leases, other bailments and other transactions

47-9505. Filing and compliance with other statutes and treaties for consignments, leases, other bailments and other transactions

A. A consignor, lessor or other bailor of goods, a licensor, or a buyer of a payment intangible or promissory note may file a financing statement, or may comply with a statute or treaty described in section 47-9311, subsection A, using the terms "consignor", "consignee", "lessor", "lessee", "bailor", "bailee", "licensor", "licensee", "owner", "registered owner", "buyer", "seller" or words of similar import instead of the terms "secured party" and "debtor".

B. This article applies to the filing of a financing statement under subsection A of this section and, as appropriate, to compliance that is equivalent to filing a financing statement under section 47-9311, subsection B, but the filing or compliance is not of itself a factor in determining whether the collateral secures an obligation. If it is determined for another reason that the collateral secures an obligation, a security interest held by the consignor, lessor, bailor, licensor, owner or buyer that attaches to the collateral is perfected by the filing or compliance.

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.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.