Arizona § 14-7502 - Application of payments made to fiduciaries
Full text of Arizona Arizona Revised Statutes § 14-7502 — Application of payments made to fiduciaries, with citation guidance and answers to common questions.
§ 14-7502. Application of payments made to fiduciaries
A person who in good faith pays or transfers to a fiduciary any money or other property which the fiduciary as such is authorized to receive, is not responsible for the proper application thereof by the fiduciary; and any right or title acquired from the fiduciary in consideration of such payment or transfer is not invalid in consequence of a misapplication by the fiduciary.
Source: official Arizona text · Last verified 2026-08-27
Frequently Asked Questions About Arizona § 14-7502
What does Arizona Revised Statutes § 14-7502 cover?
Section 14-7502 ("Application of payments made to fiduciaries") 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 § 14-7502?
A common citation format is "Arizona Revised Statutes § 14-7502" (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 § 14-7502 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.