The Arizona Revised Statutes have been updated to include the revised sections from the 57th Legislature, 2nd Regular Session. Please note that the next update of this compilation will not take place until after the conclusion of the 58th Legislature, 1st Regular Session, which convenes in January 2027.
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This online version of the Arizona Revised Statutes is primarily maintained for legislative drafting purposes and reflects the version of law that is effective on January 1st of the year following the most recent legislative session. The official version of the Arizona Revised Statutes is published by Thomson Reuters.
44-605 - Filing, recording and title transfer requirements; definition
44-605. Filing, recording and title transfer requirements; definition
A. An assignee of a legal or equitable interest in personal property may file a financing statement in the filing office of:
1. This state established for the purposes of section 47-9501, subsection A, paragraph 2.
2. Any other state in which either:
(a) The assignor would be located under section 47-9307 if the assignor were a debtor for the purpose of that section.
(b) An asset of the assignment estate may be located.
B. A financing statement filed under subsection A of this section must indicate that it is filed in connection with an assignment.
C. When filing a financing statement under subsection A of this section, the assignee must either:
1. Attach a copy of the assignment agreement to the financing statement.
2. State on the financing statement that a copy of the assignment agreement is available on request to the assignee.
D. A financing statement filed under subsection A of this section may either:
1. Designate the assignor as "debtor" and the assignee as "secured party".
2. Use the terms "assignor" and "assignee" or words of similar import.
E. The filing of a financing statement under subsection A of this section is not itself a factor in determining whether an asset secures an obligation. The rights of the assignee under the assignment are not affected if the assignee does not file a financing statement under subsection A of this section.
F. An assignee of a legal or equitable interest in real property shall record the assignment of the interest or notice of the assignment under the real estate recording law of the jurisdiction where the property is located.
G. An assignee shall comply with other laws governing the transfer of title to an asset.
H. By signing an assignment agreement, the assignor authorizes the assignee to take the actions required by this section.