Arizona Revised Statutes § 47-9505 Filing And Compliance With Other Statutes And Treaties For Consignments, Leases, Other Bailments And Other Transactions

47-9505. Filing and compliance with other statutes and treaties for consignments, leases, other bailments and other transactions

A. A consignor, lessor or other bailor of goods, a licensor, or a buyer of a payment intangible or promissory note may file a financing statement, or may comply with a statute or treaty described in section 47-9311, subsection A, using the terms " consignor" , " consignee" , " lessor" , " lessee" , " bailor" , " bailee" , " licensor" , " licensee" , " owner" , " registered owner" , " buyer" , " seller" or words of similar import instead of the terms " secured party" and " debtor" .

B. This article applies to the filing of a financing statement under subsection A of this section and, as appropriate, to compliance that is equivalent to filing a financing statement under section 47-9311, subsection B, but the filing or compliance is not of itself a factor in determining whether the collateral secures an obligation. If it is determined for another reason that the collateral secures an obligation, a security interest held by the consignor, lessor, bailor, licensor, owner or buyer that attaches to the collateral is perfected by the filing or compliance.

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Last modified: October 13, 2016