Arizona § 44-1745 Execution of notes; assignment; customer's defenses retained

Arizona Statutes

§ 44-1745 — Execution of notes; assignment; customer's defenses retained

Arizona·Title 44 Arizona Revised Statutes·Ch. 11 REGULATIONS CONCERNING PARTICULAR BUSINESSES·Art. 10 Dance Studio Contracts

A.No contract for dance studio lessons and other services shall require the execution of any note or series of notes by the customer which, when separately negotiated, will cut off as to third parties any right of action or defense which the customer may have against the dance studio.

B.No right of action or defense arising out of a contract for dance studio lessons and other services which the customer has against the dance studio shall be cut off by assignment of the contract whether or not the assignee acquires the contract in good faith and for value. Such an assignee is not a holder in due course.

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A. No contract for dance studio lessons and other services shall require the execution of any note or series of notes by the customer which, when separately negotiated, will cut off as to third parties any right of action or defense which the customer may have against the dance studio.

B. No right of action or defense arising out of a contract for dance studio lessons and other services which the customer has against the dance studio shall be cut off by assignment of the contract whether or not the assignee acquires the contract in good faith and for value. Such an assignee is not a holder in due course.

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