Arizona § 47-9405 - Modification of assigned contract
Full text of Arizona Arizona Revised Statutes § 47-9405 — Modification of assigned contract, with citation guidance and answers to common questions.
§ 47-9405. Modification of assigned contract
A. A modification of or substitution for an assigned contract is effective against an assignee if made in good faith. The assignee acquires corresponding rights under the modified or substituted contract. The assignment may provide that the modification or substitution is a breach of contract by the assignor. This subsection is subject to subsections B, C and D of this section.
B. Subsection A of this section applies to the extent that:
1. The right to payment or a part thereof under an assigned contract has not been fully earned by performance; or
2. The right to payment or a part thereof has been fully earned by performance and the account debtor has not received notification of the assignment under section 47-9406, subsection A.
C. This section is subject to law other than this chapter that establishes a different rule for an account debtor who is an individual and who incurred the obligation primarily for personal, family or household purposes.
D. This section does not apply to an assignment of a health-care-insurance receivable.
Source: official Arizona text · Last verified 2026-08-27
Frequently Asked Questions About Arizona § 47-9405
What does Arizona Revised Statutes § 47-9405 cover?
Section 47-9405 ("Modification of assigned contract") 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 § 47-9405?
A common citation format is "Arizona Revised Statutes § 47-9405" (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 § 47-9405 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.