Arizona Statutes
§ 14-3810 — Claims not due and contingent or unliquidated claims
Arizona·Title 14 Arizona Revised Statutes·Ch. 3 PROBATE OF WILLS AND ADMINISTRATION·Art. 8 Creditors' Claims
A.If a claim which will become due at a future time or a contingent or unliquidated claim becomes due or certain before the distribution of the estate, and if the claim has been allowed or established by a proceeding, it is paid in the same manner as presently due and absolute claims of the same class.
B.In other cases the personal representative or, on petition of the personal representative or the claimant in a special proceeding for the purpose, the court may provide for payment as follows:
1.If the claimant consents, he may be paid the present or agreed value of the claim, taking any uncertainty into account.
2.Arrangement for future payment, or possible payment, on the happening of the contingency or on liquidation may be made by creating a trust, giving a mortgage, obtaining a
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Related
Gorman v. State ex rel. Owens
155 P.3d 1054 (Court of Appeals of Arizona, 2007)
Chalker v. Chalker
430 P.3d 375 (Court of Appeals of Arizona, 2018)
Nearby Sections
15
§ 14-10001
Short title§ 14-10002
Definitions§ 14-10003
Scope of chapter§ 14-10004
Chapter supplemented by other law§ 14-10008
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Delivery or filing; definition§ 14-10013
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Tax qualified disclaimer§ 14-10015
Recording of disclaimer