{"data":{"id":"us-az/a.r.s.-47-9205","jurisdiction":"us-az","citation":"A.R.S. § 47-9205","heading":"Use or disposition of collateral permissible","body":"A. A security interest is not invalid or fraudulent against creditors solely because:\n\n1. The debtor has the right or ability to:\n\n(a) Use, commingle or dispose of all or part of the collateral, including returned or repossessed goods;\n\n(b) Collect, compromise, enforce or otherwise deal with collateral;\n\n(c) Accept the return of collateral or make repossessions; or\n\n(d) Use, commingle or dispose of proceeds; or\n\n2. The secured party fails to require the debtor to account for proceeds or replace collateral.\n\nB. This section does not relax the requirements of possession if attachment, perfection or enforcement of a security interest depends on possession of the collateral by the secured party.","path":["Title 47 Weights and Measures"],"source_url":"https://www.azleg.gov/ars/47/09205.htm","current_through":"57th Legislature, 2nd Regular Session (effective 2027-01-01); mirror section count 24991","vintage":"2026-09-15","retrieved_at":"2026-09-26T04:29:04Z","sha256":"5737792c942fe59511311907786f58cc25e47063f5fea1a37d8446be361d285d","source_id":"us-az","stale":false,"prev":"us-az/a.r.s.-47-9204","next":"us-az/a.r.s.-47-9206"},"notice":"GroundRules: Original legal text. Not legal advice."}