Arizona § 12-940 Definitions

Arizona Statutes

§ 12-940 — Definitions

Arizona·Title 12 Arizona Revised Statutes·Ch. 7 SPECIAL ACTIONS AND PROCEEDINGS IN WHICH THE STATE IS A PARTY·Art. 8 Unclaimed Property in Hands of Public Agency

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 truth or falsity of an alleged matter of fact.

3."Found property" means recovered, lost, surrendered, abandoned or otherwise received property that is turned over to a public agency where the owner may or may not be known and that is not classified as evidence.

4."Property" means any item, including currency, that is held for safekeeping or as evidence or found property or that has been abandoned, unclaimed or awarded by the court.

5."Property value" means the reas

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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 truth or falsity of an alleged matter of fact.

3. "Found property" means recovered, lost, surrendered, abandoned or otherwise received property that is turned over to a public agency where the owner may or may not be known and that is not classified as evidence.

4. "Property" means any item, including currency, that is held for safekeeping or as evidence or found property or that has been abandoned, unclaimed or awarded by the court.

5. "Property value" means the reasonable value of the property in its present condition.

6. "Safekeeping" means storage of an asset or item of value by a public agency that is not classified as evidence and that belongs to a known individual.

Arizona § 12-940 (Definitions) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.