reglab/housing_qa huggingface dataset:
AZ Rev Stat § 47-9619 (2021)
2021 Arizona Revised Statutes|Title 47 - Uniform Commercial Code|§ 47-9619 - Transfer of record or legal title; definition

47-9619.  Transfer of record or legal title;  definition A. In this section,  " transfer statement"  means a record authenticated by a secured party and stating: 1. That the debtor has defaulted in connection with an obligation secured by specified collateral;  2. That the secured party has exercised its postdefault remedies with respect to the collateral;  3. That,  by reason of the exercise,  a transferee has acquired the rights of the debtor in the collateral;  and 4. The name and mailing address of the secured party,  debtor and transferee. B. A transfer statement entitles the transferee to the transfer of record of all rights of the debtor in the collateral specified in the statement in any official filing,  recording,  registration or certificate of title system covering the collateral. If a transfer statement is presented with the applicable fee and request form to the official or office responsible for maintaining the system,  the official or office shall: 1. Accept the transfer statement;  2. Promptly amend its records to reflect the transfer;  and 3. If applicable,  issue a new appropriate certificate of title in the name of the transferee. C. A transfer of the record or legal title to collateral to a secured party under subsection B or otherwise is not of itself a disposition of collateral under this chapter and does not of itself relieve the secured party of its duties under this chapter.
AZ Rev Stat § 47-9621 (2021)
2021 Arizona Revised Statutes|Title 47 - Uniform Commercial Code|§ 47-9621 - Notification of proposal to accept collateral

47-9621.  Notification of proposal to accept collateral A. A secured party that desires to accept collateral in full or partial satisfaction of the obligation it secures shall send its proposal to: 1. Any person from which the secured party has received,  before the debtor consented to the acceptance,  an authenticated notification of a claim of an interest in the collateral;  2. Any other secured party or lienholder that,  ten days before the debtor consented to the acceptance,  held a security interest in or other lien on the collateral perfected by the filing of a financing statement that: (a) Identified the collateral;  (b) Was indexed under the debtor's name as of that date;  and (c) Was filed in the office or offices in which to file a financing statement against the debtor covering the collateral as of that date;  and 3. Any other secured party that,  ten days before the debtor consented to the acceptance,  held a security interest in the collateral perfected by compliance with a statute,  regulation or treaty described in section 47-9311,  subsection A. B. A secured party that desires to accept collateral in partial satisfaction of the obligation it secures shall send its proposal to any secondary obligor in addition to the persons described in subsection A of this section.
AZ Rev Stat § 47-9622 (2021)
2021 Arizona Revised Statutes|Title 47 - Uniform Commercial Code|§ 47-9622 - Effect of acceptance of collateral

47-9622.  Effect of acceptance of collateral A. A secured party's acceptance of collateral in full or partial satisfaction of the obligation it secures: 1. Discharges the obligation to the extent consented to by the debtor;  2. Transfers to the secured party all of a debtor's rights in the collateral;  3. Discharges the security interest or agricultural lien that is the subject of the debtor's consent and any subordinate security interest or other subordinate lien;  and 4. Terminates any other subordinate interest. B. A subordinate interest is discharged or terminated under subsection A of this section,  even if the secured party fails to comply with this chapter.
AZ Rev Stat § 47-9623 (2021)
2021 Arizona Revised Statutes|Title 47 - Uniform Commercial Code|§ 47-9623 - Right to redeem collateral

47-9623.  Right to redeem collateral A. A debtor,  any secondary obligor or any other secured party or lienholder may redeem collateral. B. To redeem collateral,  a person shall tender: 1. Fulfillment of all obligations secured by the collateral;  and 2. The reasonable expenses and attorney fees described in section 47-9615,  subsection A,  paragraph 1. C. A redemption may occur at any time before a secured party: 1. Has collected collateral under section 47-9607;  2. Has disposed of collateral or entered into a contract for its disposition under section 47-9610;  or 3. Has accepted collateral in full or partial satisfaction of the obligation it secures under section 47-9622.
AZ Rev Stat § 47-9624 (2021)
2021 Arizona Revised Statutes|Title 47 - Uniform Commercial Code|§ 47-9624 - Waiver

47-9624.  Waiver A. A debtor or secondary obligor may waive the right to notification of disposition of collateral under section 47-9611 only by an agreement to that effect entered into and authenticated after default. B. A debtor may waive the right to require disposition of collateral under section 47-9620,  subsection E only by an agreement to that effect entered into and authenticated after default. C. Except in a consumer goods transaction,  a debtor or secondary obligor may waive the right to redeem collateral under section 47-9623 only by an agreement to that effect entered into and authenticated after default.
AZ Rev Stat § 47-9626 (2021)
2021 Arizona Revised Statutes|Title 47 - Uniform Commercial Code|§ 47-9626 - Action in which deficiency or surplus is in issue

47-9626.  Action in which deficiency or surplus is in issue A. In an action arising from a transaction,  other than a consumer transaction,  in which the amount of a deficiency or surplus is in issue,  the following rules apply: 1. A secured party need not prove compliance with the provisions of this article relating to collection,  enforcement,  disposition or acceptance unless the debtor or a secondary obligor places the secured party's compliance in issue. 2. If the secured party's compliance is placed in issue,  the secured party has the burden of establishing that the collection,  enforcement,  disposition or acceptance was conducted in accordance with this article. 3. Except as otherwise provided in section 47-9628,  if a secured party fails to prove that the collection,  enforcement,  disposition or acceptance was conducted in accordance with the provisions of this article relating to collection,  enforcement,  disposition or acceptance,  the liability of a debtor or a secondary obligor for a deficiency is limited to an amount by which the sum of the secured obligation,  expenses and attorney fees exceeds the greater of: (a) The proceeds of the collection,  enforcement,  disposition or acceptance;  or (b) The amount of proceeds that would have been realized had the noncomplying secured party proceeded in accordance with the provisions of this article relating to collection,  enforcement,  disposition or acceptance. 4. For purposes of paragraph 3,  subdivision (b),  the amount of proceeds that would have been realized is equal to the sum of the secured obligation,  expenses and attorney fees unless the secured party proves that the amount is less than that sum. 5. If a deficiency or surplus is calculated under section 47-9615,  subsection F,  the debtor or obligor has the burden of establishing that the amount of proceeds of the disposition is significantly below the range of prices that a complying disposition to a person other than the secured party,  a person related to the secured party or a secondary obligor would have brought. B. The limitation of the rules in subsection A of this section to transactions other than consumer transactions is intended to leave to the court the determination of the proper rules in consumer transactions. The court may not infer from that limitation the nature of the proper rule in consumer transactions and may continue to apply established approaches.
AZ Rev Stat § 47-9627 (2021)
2021 Arizona Revised Statutes|Title 47 - Uniform Commercial Code|§ 47-9627 - Determination of whether conduct was commercially reasonable

47-9627.  Determination of whether conduct was commercially reasonable A. The fact that a greater amount could have been obtained by a collection,  enforcement,  disposition or acceptance at a different time or in a different method from that selected by the secured party is not of itself sufficient to preclude the secured party from establishing that the collection,  enforcement,  disposition or acceptance was made in a commercially reasonable manner. B. A disposition of collateral is made in a commercially reasonable manner if the disposition is made: 1. In the usual manner on any recognized market;  2. At the price current in any recognized market at the time of the disposition;  or 3. Otherwise in conformity with reasonable commercial practices among dealers in the type of property that was the subject of the disposition. C. A collection,  enforcement,  disposition or acceptance is commercially reasonable if it has been approved: 1. In a judicial proceeding;  2. By a bona fide creditors' committee;  3. By a representative of creditors;  or 4. By an assignee for the benefit of creditors. D. Approval under subsection C need not be obtained,  and lack of approval does not mean that the collection,  enforcement,  disposition or acceptance is not commercially reasonable.
AZ Rev Stat § 47-9628 (2021)
2021 Arizona Revised Statutes|Title 47 - Uniform Commercial Code|§ 47-9628 - Nonliability and limitation on liability of secured party; liability of secondary obligor

47-9628.  Nonliability and limitation on liability of secured party;  liability of secondary obligor A. Unless a secured party knows that a person is a debtor or obligor,  knows the identity of the person and knows how to communicate with the person: 1. The secured party is not liable to the person,  or to a secured party or lienholder that has filed a financing statement against the person,  for failure to comply with this chapter;  and 2. The secured party's failure to comply with this chapter does not affect the liability of the person for a deficiency. B. A secured party is not liable because of its status as secured party: 1. To a person that is a debtor or obligor,  unless the secured party knows: (a) That the person is a debtor or obligor;  (b) The identity of the person;  and (c) How to communicate with the person;  or 2. To a secured party or lienholder that has filed a financing statement against a person,  unless the secured party knows: (a) That the person is a debtor;  and (b) The identity of the person. C. A secured party is not liable to any person,  and a person's liability for a deficiency is not affected,  because of any act or omission arising out of the secured party's reasonable belief that a transaction is not a consumer goods transaction or a consumer transaction or that goods are not consumer goods,  if the secured party's belief is based on its reasonable reliance on: 1. A debtor's representation concerning the purpose for which collateral was to be used,  acquired or held;  or 2. An obligor's representation concerning the purpose for which a secured obligation was incurred. D. A secured party is not liable to any person under section 47-9625,  subsection C,  paragraph 2 for its failure to comply with section 47-9616. E. A secured party is not liable under section 47-9625,  subsection C,  paragraph 2 more than once with respect to any one secured obligation.
AZ Rev Stat § 47-9701 (2021)
2021 Arizona Revised Statutes|Title 47 - Uniform Commercial Code|§ 47-9701 - Effective date

47-9701.  Effective date This chapter,  as added in 1999,  takes effect on July 1,  2001.
AZ Rev Stat § 47-9702 (2021)
2021 Arizona Revised Statutes|Title 47 - Uniform Commercial Code|§ 47-9702 - Savings clause

47-9702.  Savings clause A. Except as otherwise provided in this article,  this chapter,  as added in 1999,  applies to a transaction or lien within its scope,  even if the transaction or lien was entered into or created before July 1,  2001. B. Except as otherwise provided in subsection C of this section and sections 47-9703 through 47-9709: 1. Transactions and liens that were not governed by chapter 9 of this title as it existed before July 1,  2001,  were validly entered into or created before July 1,  2001 and would be subject to this chapter,  as added in 1999,  if they had been entered into or created after July 1,  2001,  and the rights,  duties and interests flowing from those transactions and liens remain valid after July 1,  2001;  and 2. The transactions and liens may be terminated,  completed,  consummated and enforced as required or permitted by this chapter,  as added in 1999,  or by the law that otherwise would apply if this chapter had not taken effect. C. This chapter,  as added in 1999,  does not affect an action,  case or proceeding commenced before July 1,  2001.
AZ Rev Stat § 47-9703 (2021)
2021 Arizona Revised Statutes|Title 47 - Uniform Commercial Code|§ 47-9703 - Security interest perfected before effective date

47-9703.  Security interest perfected before effective date A. A security interest that is enforceable immediately before July 1,  2001 and would have priority over the rights of a person that becomes a lien creditor at that time is a perfected security interest under this chapter,  as added in 1999,  if,  on July 1,  2001,  the applicable requirements for enforceability and perfection under this chapter,  as added in 1999,  are satisfied without further action. B. Except as otherwise provided in section 47-9705,  if,  immediately before July 1,  2001,  a security interest is enforceable and would have priority over the rights of a person that becomes a lien creditor at that time,  but the applicable requirements for enforceability or perfection under this chapter,  as added in 1999,  are not satisfied on July 1,  2001,  the security interest: 1. Is a perfected security interest for one year after July 1,  2001;  2. Remains enforceable thereafter only if the security interest becomes enforceable under section 47-9203 before the year expires;  and 3. Remains perfected thereafter only if the applicable requirements for perfection under this chapter,  as added in 1999,  are satisfied before the year expires.
AZ Rev Stat § 47-9704 (2021)
2021 Arizona Revised Statutes|Title 47 - Uniform Commercial Code|§ 47-9704 - Security interest unperfected before effective date

47-9704.  Security interest unperfected before effective date A security interest that is enforceable immediately before July 1,  2001 but that would be subordinate to the rights of a person that becomes a lien creditor at that time: 1. Remains an enforceable security interest for one year after July 1,  2001;  2. Remains enforceable thereafter if the security interest becomes enforceable under section 47-9203 on July 1,  2001 or within one year thereafter;  and 3. Becomes perfected: (a) Without further action,  on July 1,  2001 if the applicable requirements for perfection under this chapter,  as added in 1999,  are satisfied before or at that time;  or (b) When the applicable requirements for perfection are satisfied if the requirements are satisfied after that time.
AZ Rev Stat § 47-9705 (2021)
2021 Arizona Revised Statutes|Title 47 - Uniform Commercial Code|§ 47-9705 - Effectiveness of action taken before effective date

47-9705.  Effectiveness of action taken before effective date A. If action,  other than the filing of a financing statement,  is taken before July 1,  2001 and the action would have resulted in priority of a security interest over the rights of a person that becomes a lien creditor had the security interest become enforceable before July 1,  2001,  the action is effective to perfect a security interest that attaches under this chapter,  as added in 1999,  within one year after July 1,  2001. An attached security interest becomes unperfected one year after July 1,  2001 unless the security interest becomes a perfected security interest under this chapter,  as added in 1999,  before the expiration of that period. B. The filing of a financing statement before July 1,  2001 is effective to perfect a security interest to the extent the filing would satisfy the applicable requirements for perfection under this chapter,  as added in 1999. C. This chapter,  as added in 1999,  does not render ineffective an effective financing statement that before July 1,  2001 is filed and satisfies the applicable requirements for perfection under the law of the jurisdiction governing perfection as provided in former section 47-9103. However,  except as otherwise provided in subsections D and E of this section and section 47-9706,  the financing statement ceases to be effective at the earlier of: 1. The time the financing statement would have ceased to be effective under the law of the jurisdiction in which it is filed;  or 2. June 30,  2007. D. The filing of a continuation statement after July 1,  2001 does not continue the effectiveness of the financing statement filed before July 1,  2001. However,  on the timely filing of a continuation statement after July 1,  2001 and in accordance with the law of the jurisdiction governing perfection as provided in article 3 of this chapter,  as added in 1999,  the effectiveness of a financing statement filed in the same office in that jurisdiction before July 1,  2001 continues for the period provided by the law of that jurisdiction. E. Subsection C,  paragraph 2 of this section applies to a financing statement that before July 1,  2001 is filed against a transmitting utility and satisfies the applicable requirements for perfection under the law of the jurisdiction governing perfection as provided in former section 47-9103 only to the extent that article 3 of this chapter,  as added in 1999,  provides that the law of a jurisdiction other than the jurisdiction in which the financing statement is filed governs perfection of a security interest in collateral covered by the financing statement. F. A financing statement that includes a financing statement filed before July 1,  2001 and a continuation statement filed after July 1,  2001 is effective only to the extent that it satisfies the requirements of article 5 of this chapter,  as added in 1999,  for an initial financing statement.
AZ Rev Stat § 47-9706 (2021)
2021 Arizona Revised Statutes|Title 47 - Uniform Commercial Code|§ 47-9706 - When initial financing statement suffices as continuation statement

47-9706.  When initial financing statement suffices as continuation statement A. The filing of an initial financing statement in the office specified in section 47-9501 continues the effectiveness of a financing statement filed before July 1,  2001 if: 1. The filing of an initial financing statement in that office would be effective to perfect a security interest under this chapter,  as added in 1999;  2. The pre-effective date financing statement was filed in an office in another state or another office in this state;  and 3. The initial financing statement satisfies subsection B of this section. B. The filing of an initial financing statement under subsection A of this section continues the effectiveness of the pre-effective date financing statement: 1. If the initial financing statement is filed before July 1,  2001,  for the period provided in former section 47-9403 with respect to a financing statement;  and 2. If the initial financing statement is filed before July 1,  2001,  for the period provided in section 47-9515 with respect to an initial financing statement. C. To be effective for purposes of subsection A of this section,  an initial financing statement must: 1. Satisfy the requirements of article 5 of this chapter,  as added in 1999,  for an initial financing statement;  2. Identify the pre-effective date financing statement by indicating the office in which the financing statement was filed and providing the dates of filing and file numbers,  if any,  of the financing statement and of the most recent continuation statement filed with respect to the financing statement;  and 3. Indicate that the pre-effective date financing statement remains effective.
AZ Rev Stat § 47-9707 (2021)
2021 Arizona Revised Statutes|Title 47 - Uniform Commercial Code|§ 47-9707 - Amendment of pre-effective-date financing statement; definition

47-9707.  Amendment of pre-effective-date financing statement;  definition A. In this section,  " pre-effective-date financing statement"  means a financing statement filed before July 1,  2001. B. After July 1,  2001,  a person may add or delete collateral covered by,  continue or terminate the effectiveness of,  or otherwise amend the information provided in,  a pre-effective-date financing statement only in accordance with the law of the jurisdiction governing perfection as provided in article 3 of this chapter,  as added in 1999. However,  the effectiveness of a pre-effective-date financing statement also may be terminated in accordance with the law of the jurisdiction in which the financing statement is filed. C. Except as otherwise provided in subsection D of this section,  if the law of this state governs perfection of a security interest,  the information in a pre-effective-date financing statement may be amended after July 1,  2001 only if: 1. The pre-effective-date financing statement and an amendment are filed in the office specified in section 47-9501;  2. An amendment is filed in the office specified in section 47-9501 concurrently with,  or after the filing in that office of,  an initial financing statement that satisfies section 47-9706,  subsection C;  or 3. An initial financing statement that provides the information as amended and satisfies section 47-9706,  subsection C and that is filed in the office specified in section 47-9501. D. If the law of this state governs perfection of a security interest,  the effectiveness of a pre-effective-date financing statement may be continued only under section 47-9705,  subsections D and F or section 47-9706. E. Whether or not the law of this state governs perfection of a security interest,  the effectiveness of a pre-effective-date financing statement filed in this state may be terminated after July 1,  2001 by filing a termination statement in the office in which the pre-effective-date financing statement is filed,  unless an initial financing statement that satisfies section 47-9706,  subsection C has been filed in the office specified by the law of the jurisdiction governing perfection as provided in article 3 of this chapter,  as added in 1999,  as the office in which to file a financing statement.
AZ Rev Stat § 47-9708 (2021)
2021 Arizona Revised Statutes|Title 47 - Uniform Commercial Code|§ 47-9708 - Persons entitled to file initial financing statement or continuation statement

47-9708.  Persons entitled to file initial financing statement or continuation statement A person may file an initial financing statement or a continuation statement under this article if: 1. The secured party of record authorizes the filing;  and 2. The filing is necessary under this article: (a) To continue the effectiveness of a financing statement filed before July 1,  2001;  or (b) To perfect or continue the perfection of a security interest.
AZ Rev Stat § 47-9709 (2021)
2021 Arizona Revised Statutes|Title 47 - Uniform Commercial Code|§ 47-9709 - Priority

47-9709.  Priority A. This chapter,  as added in 1999,  determines the priority of conflicting claims to collateral. However,  if the relative priorities of the claims were established before July 1,  2001,  chapter 9 of this title as it existed before July 1,  2001 determines priority. B. For purposes of section 47-9322,  subsection A,  the priority of a security interest that becomes enforceable under section 47-9203 dates from July 1,  2001 if the security interest is perfected under this chapter,  as added in 1999,  by the filing of a financing statement before July 1,  2001 that would not have been effective to perfect the security interest under chapter 9 of this title as it existed before July 1,  2001. This subsection does not apply to conflicting security interests each of which is perfected by the filing of such a financing statement.