A.R.S. § 44-606: Notification to creditors
Where this section sits in the code
- Title 44 Trade and Commerce
A. Unless a creditor waives in a signed record the right to notification, an assignee shall send a notification of the assignment to each creditor known to the assignee within a reasonable time not to exceed thirty days after the effective date of the assignment agreement.
B. The notification must:
1. Be in a record signed by the assignee.
2. Include the assignee's name, address and other contact information reasonably necessary to communicate with the assignee.
3. Provide reasonable instructions for submitting a proof of claim using the method established by the assignee under section 44-608, subsection B, paragraph 5.
4. Identify the date established under section 44-608, subsection B, paragraph 6 by which each creditor whose claim is not otherwise allowed without a timely proof of claim under this chapter must submit a proof of claim.
C. An assignee shall use reasonable means to provide the information in subsection B of this section to unknown creditors, including by any means the assignor regularly used to either:
1. Provide information to the assignor's creditors.
2. Communicate information about the assignor, other than advertising, to the public.
Collected 2026-09-26T04:29:04Z. Source file · JSON