Page 23 - 88585_Elyus Black_NEW_AZ_Sellers_Guide

Arizona’s Good Funds Law

ARS 6-834 requires that “Escrow agents not disburse money from an escrow account until
funds related to the transaction have been deposited and available.” The legislation specifies
which forms of payments are acceptable for deposit.

All available dates are based on funds deposited in our bank, and the days are considered

business days. A business day is defined as a calendar day other than Saturday or Sunday,
and also excluding most major holidays.

Driggs Title’s Guidelines Concerning The Availability Of Funds:

www.driggtitle.com 23