Terms Used In Arizona Laws > Title 44 > Chapter 23 > Article 1 - General Provisions

• Check: means a draft that is payable on demand and drawn on a financial institution, a cashier's check or a teller's check. See Arizona Laws 44-6851
• Draft: means an item, other than an instrument, that is an order. See Arizona Laws 44-6851
• Drawer: means a person who signs or is identified in a draft as a person ordering payment. See Arizona Laws 44-6851
• Financial institution: means a bank, savings and loan association or credit union that is chartered and supervised under state or federal law. See Arizona Laws 44-6851
• Holder: means a person, including this state, who is entitled to enforce an instrument. See Arizona Laws 44-6851
• including: means not limited to and is not a term of exclusion. See Arizona Laws 1-215
• Maker: means a person who signs or is identified in a note as a person undertaking to pay. See Arizona Laws 44-6851
• Order: means a written instruction to pay money that is signed by the person giving the instruction. See Arizona Laws 44-6851
• Payee: means a person, including this state, in whose favor an instrument is drawn or made payable. See Arizona Laws 44-6851
• Person: means an individual, corporation, partnership, association, joint stock company or trust, limited liability company, government or governmental subdivision or agency or any other unincorporated organization. See Arizona Laws 44-1801