Arizona § 47-8104 - Acquisition of security or financial asset or interest therein

Full text of Arizona Arizona Revised Statutes § 47-8104 — Acquisition of security or financial asset or interest therein, with citation guidance and answers to common questions.

§ 47-8104. Acquisition of security or financial asset or interest therein

A. A person acquires a security or an interest therein, under this chapter, if:

1. The person is a purchaser to whom a security is delivered pursuant to section 47-8301.

2. The person acquires a security entitlement to the security pursuant to section 47-8501.

B. A person acquires a financial asset, other than a security, or an interest therein, under this chapter, if the person acquires a security entitlement to the financial asset.

C. A person who acquires a security entitlement to a security or other financial asset has the rights specified in article 5 of this chapter, but is a purchaser of any security, security entitlement or other financial asset held by the securities intermediary only to the extent provided in section 47-8503.

D. Unless the context shows that a different meaning is intended, a person who is required by other law, regulation, rule, or agreement to transfer, deliver, present, surrender, exchange or otherwise put in the possession of another person a security or financial asset satisfies that requirement by causing the other person to acquire an interest in the security or financial asset pursuant to subsection A or B of this section.

Source: official Arizona text · Last verified 2026-08-27

Frequently Asked Questions About Arizona § 47-8104

What does Arizona Revised Statutes § 47-8104 cover?

Section 47-8104 ("Acquisition of security or financial asset or interest therein") 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 § 47-8104?

A common citation format is "Arizona Revised Statutes § 47-8104" (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 § 47-8104 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.