{"data":{"id":"us-az/a.r.s.-6-454","jurisdiction":"us-az","citation":"A.R.S. § 6-454","heading":"Appraisal of real estate owned","body":"At the time of acquisition by purchase, foreclosure or otherwise, an association shall cause to be appraised, in the manner, and by appraisers appointed in accordance with section 6-457, each parcel of real estate acquired and shall keep a signed copy of such appraisal in its records. An association shall not carry real estate on its books for a sum in excess of the total amount actually invested by the association on account of such real estate, including reasonable advances, costs and improvements, but excluding accrued and uncollected interest.","path":["Title 6 Banks and Financial Institutions"],"source_url":"https://www.azleg.gov/ars/6/00454.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":"516c0300690cde96773fd21f8e0a22980d4504da8cf9b21b326e625f035ec501","source_id":"us-az","stale":false,"prev":"us-az/a.r.s.-6-453","next":"us-az/a.r.s.-6-456"},"notice":"GroundRules: Original legal text. Not legal advice."}