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§ 12-940 Definitions

AZ Rev Stat § 12-940 (2019) (N/A)
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12-940. Definitions

In this article, unless the context otherwise requires:

1. " Dispose" means the transfer of property by its return to the owner, sale, conversion or destruction or by any other means of disposal.

2. " Evidence" means property that is held for possible presentation in a judicial or administrative proceeding to establish the truth or falsity of an alleged matter of fact.

3. " Found property" means recovered, lost, surrendered, abandoned or otherwise received property that is turned over to a public agency where the owner may or may not be known and that is not classified as evidence.

4. " Property" means any item, including currency, that is held for safekeeping or as evidence or found property or that has been abandoned, unclaimed or awarded by the court.

5. " Property value" means the reasonable value of the property in its present condition.

6. " Safekeeping" means storage of an asset or item of value by a public agency that is not classified as evidence and that belongs to a known individual.

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§ 12-932 Proceeding in federal court; jurisdiction of state court; stay, notice and precedence of appeal
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§ 12-941 Disposal of certain unclaimed property in the custody of a state, county, city or town agency