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Arizona Arizona Revised Statutes

§ 6-258 — Property interest of depositor or beneficiary

ARS § 6-258Title 6. Banks and Financial Institutions · Ch. 2. BANK ORGANIZATION AND REGULATION · Art. 5.1. Special Deposits

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6-258. Property interest of depositor or beneficiary A. Neither a depositor nor a beneficiary has a property interest in a special deposit. B. Any property interest with respect to a special deposit is only in the right to receive payment if the bank is obligated to pay a beneficiary and not in the special deposit itself. Any property interest under this subsection is determined under other law.