Arizona § 47-9209 - Duties of secured party if account debtor has been notified of assignment
Full text of Arizona Arizona Revised Statutes § 47-9209 — Duties of secured party if account debtor has been notified of assignment, with citation guidance and answers to common questions.
§ 47-9209. Duties of secured party if account debtor has been notified of assignment
A. Except as otherwise provided in subsection C of this section, this section applies if:
1. There is no outstanding secured obligation; and
2. The secured party is not committed to make advances, incur obligations or otherwise give value.
B. Within ten days after receiving an authenticated demand by the debtor, a secured party shall send to an account debtor that has received notification of an assignment to the secured party as assignee under section 47-9406, subsection A an authenticated record that releases the account debtor from any further obligation to the secured party.
C. This section does not apply to an assignment constituting the sale of an account, chattel paper or payment intangible.
Source: official Arizona text · Last verified 2026-08-27
Frequently Asked Questions About Arizona § 47-9209
What does Arizona Revised Statutes § 47-9209 cover?
Section 47-9209 ("Duties of secured party if account debtor has been notified of assignment") is part of the Arizona Revised Statutes, the codified statutory law of Arizona. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Arizona § 47-9209?
A common citation format is "Arizona Revised Statutes § 47-9209" (Arizona). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Arizona law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Arizona official source linked on this page or consult a licensed Arizona attorney.
How does Arizona § 47-9209 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Arizona can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Arizona.