A.R.S. § 12-1592

It shall be a sufficient answer to any claim of the judgment debtor against the garnishee founded on any indebtedness of the garnishee, or on the possession by him of any property, or if the garnishee is a corporation in which the judgment debtor was the owner of shares of stock or other interest in the corporation, for the garnishee to show that the indebtedness has been paid, that the property has been delivered or that the shares of stock or other interest has been sold under judgment of the court in accordance with the provisions of this article.