There Is a Newer Version
of
the Arizona Revised Statutes
2012 Arizona Revised Statutes
Title 44 Trade and Commerce
44-319 Election to take payment or delivery
Universal Citation:
AZ Rev Stat § 44-319 (through 2nd Reg Sess. 50th Leg. 2012)
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This media-neutral citation is based
on the American Association of Law Libraries Universal Citation Guide and is not
necessarily the official citation.
44-319. Election to take payment or delivery
A. The department may decline to receive property that is reported under this chapter and that the department considers to have a value of less than the costs of notice and sale.
B. With the written consent of the department and on terms prescribed by the department, a holder may report and deliver property before the property is presumed abandoned. The department shall hold that property, and that property is not presumed abandoned until it otherwise would be presumed abandoned pursuant to this chapter.
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