Arizona Statutes
§ 47-9405 — Modification of assigned contract
Arizona § 47-9405
JurisdictionArizona
Title 47Arizona Revised Statutes
Ch. 9SECURED TRANSACTIONS
Art. 4Rights of Third Parties
This text of Arizona § 47-9405 (Modification of assigned contract) 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. § 47-9405 (2026).
Text
A.A modification of or substitution for an assigned contract is effective against an assignee if made in good faith. The assignee acquires corresponding rights under the modified or substituted contract. The assignment may provide that the modification or substitution is a breach of contract by the assignor. This subsection is subject to subsections B, C and D of this section.
B.Subsection A of this section applies to the extent that:
1.The right to payment or a part thereof under an assigned contract has not been fully earned by performance; or
2.The right to payment or a part thereof has been fully earned by performance and the account debtor has not received notification of the assignment under section 47-9406, subsection A.
C.This section is subject to law other than this chap
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Nearby Sections
15
§ 47-10101
Provision for transition§ 47-1101
Short title§ 47-1102
Scope of chapter§ 47-1103
Construction to promote purposes and policies; applicability of supplemental principles of law§ 47-1104
Construction against implied repeal§ 47-1105
Severability§ 47-1106
Use of singular and plural; gender§ 47-1107
Section captions§ 47-1201
General definitions§ 47-1202
Notice; knowledge§ 47-1204
Value§ 47-1205
Reasonable time; "seasonably"§ 47-1206
PresumptionsCite This Page — Counsel Stack
Bluebook (online)
Arizona § 47-9405, Counsel Stack Legal Research, https://law.counselstack.com/statute/az/47-9405.