{"data":{"id":"us-az/a.r.s.-47-1204","jurisdiction":"us-az","citation":"A.R.S. § 47-1204","heading":"Value","body":"Except as otherwise provided in chapters 3, 4 and 5 of this title, a person gives value for rights if the person acquires them:\n\n1. In return for a binding commitment to extend credit or for the extension of immediately available credit, whether or not drawn upon and whether or not a charge-back is provided for in the event of difficulties in collection;\n\n2. As security for, or in total or partial satisfaction of, a preexisting claim;\n\n3. By accepting delivery under a preexisting contract for purchase; or\n\n4. In return for any consideration sufficient to support a simple contract.","path":["Title 47 Weights and Measures"],"source_url":"https://www.azleg.gov/ars/47/01204.htm","current_through":"2026-09-04","vintage":"2026-08-09","retrieved_at":"2026-09-04T00:49:56Z","sha256":"c3c3ec4e734a49f31cc40adbb8bd892977be844103d12bb88baaed6636299e0d","source_id":"us-az","stale":true,"prev":"us-az/a.r.s.-47-1203","next":"us-az/a.r.s.-47-1205"},"notice":"GroundRules: Original legal text. Not legal advice."}