Arizona § 44-1045 Distribution to creditors; compensation and expenses allowed assignee

Arizona Statutes

§ 44-1045 — Distribution to creditors; compensation and expenses allowed assignee

Arizona § 44-1045

Title 44Arizona Revised Statutes

Ch. 8TRANSACTIONS AND TRANSFERS AFFECTING THE INTEREST OF CREDITORS

Art. 3Assignments for the Benefit of Creditors

This text of Arizona § 44-1045 (Distribution to creditors; compensation and expenses allowed assignee) is published on Counsel Stack Legal Research, covering Arizona primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ariz. Rev. Stat. Ann. § 44-1045 (2026).

Text

A.When an assignee has in his possession funds of the estate of the assignor in an amount sufficient to pay ten per cent of the indebtedness of the assignor, he shall make a pro rata distribution of the funds among the creditors.

B.The assignee shall receive reasonable compensation for his services and the necessary costs and expenses, including attorney's fees, of administering the assigned estate, to be allowed by the superior court.

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A. When an assignee has in his possession funds of the estate of the assignor in an amount sufficient to pay ten per cent of the indebtedness of the assignor, he shall make a pro rata distribution of the funds among the creditors.

B. The assignee shall receive reasonable compensation for his services and the necessary costs and expenses, including attorney's fees, of administering the assigned estate, to be allowed by the superior court.