ARS § 6-454
An association must appraise each parcel of real estate it acquires and keep a signed copy of the appraisal in its records. It also may not carry the property on its books above the amount it actually invested, subject to stated inclusions and an exclusion for accrued and uncollected interest.
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- Jurisdiction
- United States — Arizona
- Instrument
- Act or statute
- Version
- Undated source snapshot
- Language
- en
- Updated
- Official source
- View official record ↗
Citation provenance: source:global:stored-legal-sources · schema StatuteEnrichmentPublicV1.
asset valuation book value limits recordkeeping
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ARS § 6-454
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