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Home » US Law » 2022 Arizona Revised Statutes » Title 12 - Courts and Civil Proceedings » Article 8 - Unclaimed Property in Hands of Public Agency

§ 12-940 – Definitions

12-940. Definitions In this article, unless the context otherwise requires: 1. " Dispose" means the transfer of property by its return to the owner, sale, conversion or destruction or by any other means of disposal. 2. " Evidence" means property that is held for possible presentation in a judicial or administrative proceeding to establish the […]

§ 12-942 – Disposal of property unclaimed for thirty days

12-942. Disposal of property unclaimed for thirty days A. If property described in section 12-941 is not claimed and taken away by the owner within thirty days after the time it has been delivered to the agency pursuant to section 12-941, the agency may at any time thereafter proceed to dispose of it in the […]

§ 12-943 – Authorized dispositions

12-943. Authorized dispositions All property that is described in section 12-941 and that is in the possession of a state, county, city or town agency may only be disposed of pursuant to this article.

§ 12-945 – Sale of property

12-945. Sale of property A. If after thirty days’ notice has been given the owner or person entitled to the property has not taken it away, the property may be sold. The proceeds shall be paid to the general fund of the jurisdiction from which the unclaimed property was received. B. Notwithstanding subsection A of […]