{"data":{"id":"us-az/a.r.s.-6-259","jurisdiction":"us-az","citation":"A.R.S. § 6-259","heading":"When creditor process enforceable against bank","body":"A. Subject to subsection B of this section, creditor process with respect to a special deposit is not enforceable against the bank holding the special deposit.\n\nB. Creditor process is enforceable against a bank Holding a special deposit with respect to an amount the bank is obligated to pay a beneficiary or a depositor if the process:\n\n1. Is served on the bank;\n\n2. Provides sufficient information to permit the bank to identify the depositor or the beneficiary from the bank's books and records; and\n\n3. Gives the bank a reasonable opportunity to act on the process.\n\nC. Creditor process served on a bank before it is enforceable against the bank under subsection B of this section does not create a right of the creditor against the bank or a duty of the bank to the creditor. Other law determines whether creditor process creates a lien enforceable against the beneficiary on a contingent interest of a beneficiary, including a depositor as a beneficiary, even if not enforceable against the bank.","path":["Title 6 Banks and Financial Institutions"],"source_url":"https://www.azleg.gov/ars/6/00259.htm","current_through":"2026-09-04","vintage":"2026-08-09","retrieved_at":"2026-09-04T00:49:56Z","sha256":"020aaba86abb01ce688023c38472cbd81aa695d079023ad7735a802a06b7b9da","source_id":"us-az","stale":true,"prev":"us-az/a.r.s.-6-258","next":"us-az/a.r.s.-6-260"},"notice":"GroundRules: Original legal text. Not legal advice."}
