Arizona Statutes
§ 44-1061 — Sale of chattels unaccompanied by change of possession as prima facie evidence of fraud against creditors and subsequent purchasers
Arizona·Title 44 Arizona Revised Statutes·Ch. 8 TRANSACTIONS AND TRANSFERS AFFECTING THE INTEREST OF CREDITORS·Art. 4 Sale or Assignment of Chattels Unaccompanied by Change of Possession
A.A sale made by a vendor of goods and chattels in his possession or under his control, or an assignment of goods and chattels, unless the sale or assignment is accompanied by an immediate delivery and followed by an actual and continued change of possession of the things sold or assigned, is prima facie evidence of fraud against creditors of the vendor, or creditors of the person making the assignment, or subsequent purchasers in good faith.
B.The term "creditors" includes all persons who are creditors of the vendor or assignor at any time while such goods and chattels are in his possession or under his control.
Free access — add to your briefcase to read the full text and ask questions with AI
Arizona § 44-1061 (Sale of chattels unaccompanied by change of possession as prima facie evidence of fraud against creditors and subsequent purchasers) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Related
Murphey v. Crater (In Re Crater)
286 B.R. 756 (D. Arizona, 2002)
Jeffrey C. Stone, Inc. v. Central & Monroe, L.L.C. (In Re Mortgages Ltd.)
459 B.R. 739 (D. Arizona, 2011)
Davis v. Par Wholesale Auto, Inc. (In Re Tucker)
329 B.R. 291 (D. Arizona, 2005)
Nearby Sections
15
§ 44-1001
Definitions§ 44-1002
Insolvency§ 44-1003
Value§ 44-1007
Remedies of creditors§ 44-1009
Extinguishment of claim for relief§ 44-101
Statute of frauds§ 44-1010
Supplementary provisions