Arizona § 7-103 - Corporate surety; power of attorney; fee
Full text of Arizona Arizona Revised Statutes § 7-103 — Corporate surety; power of attorney; fee, with citation guidance and answers to common questions.
§ 7-103. Corporate surety; power of attorney; fee
A. When a bond or undertaking conditioned upon the faithful performance of a duty, or upon doing or refraining from doing anything in the bond or undertaking specified, is by the laws of this state required or permitted to be given with surety, the execution or the guaranteeing of the performance of the condition shall be sufficient when executed or guaranteed solely by a corporation incorporated under the laws of the United States, or of any state, authorized to execute the bond or undertaking within this state, if the bond or undertaking is approved by the court, body or person required to approve or accept it. An officer or person having the power of approval of a bond shall not exact that it be furnished by a surety company or by a particular surety company.
B. The corporate surety shall file with the clerk of the superior court a power of attorney for each agent of such surety appointed to execute a bond in its behalf. A fee established pursuant to section 12-284 for each such filing shall be paid to the clerk of the superior court.
Source: official Arizona text · Last verified 2026-08-27
Frequently Asked Questions About Arizona § 7-103
What does Arizona Revised Statutes § 7-103 cover?
Section 7-103 ("Corporate surety; power of attorney; fee") 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 § 7-103?
A common citation format is "Arizona Revised Statutes § 7-103" (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 § 7-103 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.