Arizona § 7-110 - Joint control of assets secured by bond
Full text of Arizona Arizona Revised Statutes § 7-110 — Joint control of assets secured by bond, with citation guidance and answers to common questions.
§ 7-110. Joint control of assets secured by bond
A. Any party of whom a bond, undertaking or other obligation is required and his surety may make an agreement providing for the safekeeping of any monies or assets for which he and his surety are or may be responsible by depositing them with a bank, savings bank, safe-deposit or trust company authorized by law to do business as such or with any other depository approved by the court if the deposit is otherwise proper. The agreement may provide that the withdrawal of the monies or assets or any part thereof may be made only with the written consent of the surety or upon order of court made on such notice to the surety as the court may direct.
B. The agreement authorized by subsection A shall not in any manner release from or change the liability of the principal or surety as established by the terms of the bond.
Source: official Arizona text · Last verified 2026-08-27
Frequently Asked Questions About Arizona § 7-110
What does Arizona Revised Statutes § 7-110 cover?
Section 7-110 ("Joint control of assets secured by bond") 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 § 7-110?
A common citation format is "Arizona Revised Statutes § 7-110" (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 § 7-110 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.