If a trust deed is executed for a principal purpose other than or in addition to securing the performance of a contract or contracts, the parties thereto may agree that the provisions of this chapter shall not be applicable. If such an agreement is in writing and is contained in such trust deed the provisions of this chapter shall not be applicable to such trust deed.
A.R.S. § 33-819
Exempt transactions
Applied in 1 court decision — leading case CSA 13-101 Loop, LLC v. Loop 101, LLC (2013)
Most recently applied in CSA 13-101 Loop, LLC v. Loop 101, LLC (September 2013)
Official source: Arizona State Legislature. Reproduced from public-domain Arizona statutes; confirm against the official source for the current text. Not legal advice.