Arizona Senate Legislation

Home > Legislation > An Act requiring a mortgage foreclosure complaint to set forth with particularity the estate, interest or lien of the state

SB 256 | 29th Legislature, Second Regular Session

An Act requiring a mortgage foreclosure complaint to set forth with particularity the estate, interest or lien of the state

Role of Senator O'Connor: Prime sponsor

Signed into law: April 29, 1970

View PDF of law as passed

DISCLAIMER: This text has been pulled automatically from the scan of the bill from the State of Arizona Research Library. If you would like to quote the exact text of this bill in any piece of work or research, please view the original using the link above and gather your quote directly from the source. The Sandra Day O'Connor Institute does not warrant, represent, or guarantee in any way that the text below is accurate.

Transcript

(Automatically generated)

Senate Bill 256 AN ACT

RELATING TO FORECLOSURE OF MORTGAGES; REQUIR­ ING COMPLAINT TO SET FORTH WITH PARTICULARITY THE ESTATE, INTEREST OR LIEN ·op THE STATE; AUTHORIZING THE ATTORNEY GENERAL TO FILE A DISCLAIMER, AND AMENDING SECTION 33-724, ARI­ ZONA REVISED STATUTES.

Be it enacted by the Legislature of the State of Arizona:

Section 1. Sec. 33-724, Arizona Revised Statutes, is amended to read:

33-724. STATE AS PARTY TO FORECLOSURE ACTIONS

  1. The state may be made a party to an action to foreclose a mortgage upon real property when the state claims any estate, interest in or lien upon such real property. The complaint shall set forth the nature of the estate, interest or lien allegedly claimed by the state.
  2. When the state is made defendant, a copy of the summons and complaint shall be served upon the attorney general if the action is pending in Maricopa county, or upon the county attorney of the county where the action is pending if in a county other than Mari­ copa, and it shall be the duty of such county attorney forthwith to transmit the summons and complaint to the attorney general and to file pleadings in the action as directed by the attorney general.
  3. If after appropriate investigation, it appears to the attorney general that the proceeds from the sale of the property would be insufficient to wholly or partly satisfy any inferior lien of the state, or that the claim of the state has been satisfied or by lapse of time or otherwise has become unenforceable, the attorney general may file a disclaimer of interest releasing the property from such lien.

Approved by the Governor-April 29, 1970