12-940. Definitions In this article, unless the context otherwise requires: 1. " Dispose" means the transfer of property by its return to the owner, sale, conversion or destruction or by any other means of disposal. 2. " Evidence" means property that is held for possible presentation in a judicial or administrative proceeding to establish the truth or falsity of an alleged matter of fact. 3. " Found property" means recovered, lost, surrendered, abandoned or otherwise received property that is turned over to a public agency where the owner may or may not be known and that is not classified as evidence. 4. " Property" means any item, including currency, that is held for safekeeping or as evidence or found property or that has been abandoned, unclaimed or awarded by the court. 5. " Property value" means the reasonable value of the property in its present condition. 6. " Safekeeping" means storage of an asset or item of value by a public agency that is not classified as evidence and that belongs to a known individual.
‹ Prev All Arizona sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.