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A.R.S. § 33-803.01

Trustee of trust deed; delegation of duties

Applied in 1 court decision — leading case Bt Capital, LLC v. Td Service Co. (2011)

Most recently applied in Bt Capital, LLC v. Td Service Co. (September 2011)

A. A trustee shall not delegate the following duties:

1. The preparation and execution of any of the following:

(a) The notice of trustee sale.

(b) The cancellation of notice of sale.

(c) The trustee's deed upon sale.

2. The receipt and response to requests for reinstatement or payoff amounts.

B. This section does not prohibit the trustee from using clerical or office staff employed by the trustee and under the trustee's direct and immediate supervision to assist in the duties prescribed by subsection A.

Official source: Arizona State Legislature. Reproduced from public-domain Arizona statutes; confirm against the official source for the current text. Not legal advice.