# A.R.S. § 9-1105: 9-1105 Financial statement of trustee; disposition of funds

> Arizona · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_AZ_T9_C10_A1_S1105

## Section

- **Citation:** A.R.S. § 9-1105
- **Heading:** 9-1105 Financial statement of trustee; disposition of funds
- **Jurisdiction:** Arizona
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Arizona Code / Title 9 / Chapter 10 / Article 1 / Section 1105

## Text

9-1105. Financial statement of trustee; disposition of funds

A. Within sixty days after the first publication provided for by this article, the trustee shall make a full and true statement in writing of all monies expended by the trustee, and the trustee's reasonable charges for time and services in the administration of the trust to that time that shall be and remain a first charge on the lands in favor of the trustee.

B. The money collected shall be applied first to reimburse the parties who advanced the money to enter the townsite with interest at ten percent a year, and then to the discharge of other outstanding claims incurred in entering the townsite or executing the trust.  Any surplus shall be paid to the governing body of the city or town, if incorporated, for making public improvements, or, if unincorporated, for making such public improvements as may be directed by a meeting of the citizens of the town to be held after thirty days notice by the trustee.

## Nearby sections

- [A.R.S. § 9-1101 9-1101 Entry at federal land office of land for townsites](https://www.frixlaw.com/law-library/statutes/STATE_AZ_T9_C10_A1_S1101.md)
- [A.R.S. § 9-1102 9-1102 Trustee's bond; keeping of accounts and records](https://www.frixlaw.com/law-library/statutes/STATE_AZ_T9_C10_A1_S1102.md)
- [A.R.S. § 9-1103 9-1103 Survey and plat of townsite; recording](https://www.frixlaw.com/law-library/statutes/STATE_AZ_T9_C10_A1_S1103.md)
- [A.R.S. § 9-1104 9-1104 Notice of entry of land as townsite; statement and filing of claims to land](https://www.frixlaw.com/law-library/statutes/STATE_AZ_T9_C10_A1_S1104.md)
- [A.R.S. § 9-1105 9-1105 Financial statement of trustee; disposition of funds](https://www.frixlaw.com/law-library/statutes/STATE_AZ_T9_C10_A1_S1105.md)
- [A.R.S. § 9-1106 9-1106 Index of claimants and property](https://www.frixlaw.com/law-library/statutes/STATE_AZ_T9_C10_A1_S1106.md)
- [A.R.S. § 9-1107 9-1107 Limitations on claims of land](https://www.frixlaw.com/law-library/statutes/STATE_AZ_T9_C10_A1_S1107.md)
- [A.R.S. § 9-1108 9-1108 Proof of nonconflicting claims; execution of deed](https://www.frixlaw.com/law-library/statutes/STATE_AZ_T9_C10_A1_S1108.md)
- [A.R.S. § 9-1109 9-1109 Referral to court of conflicting claims; trial; appeal](https://www.frixlaw.com/law-library/statutes/STATE_AZ_T9_C10_A1_S1109.md)
- [A.R.S. § 9-1110 9-1110 Payment of purchase price by claimants](https://www.frixlaw.com/law-library/statutes/STATE_AZ_T9_C10_A1_S1110.md)
- [A.R.S. § 9-1111 9-1111 Trustee as claimant](https://www.frixlaw.com/law-library/statutes/STATE_AZ_T9_C10_A1_S1111.md)
- [A.R.S. § 9-1112 9-1112 Selection and conveyance of sites for public purposes](https://www.frixlaw.com/law-library/statutes/STATE_AZ_T9_C10_A1_S1112.md)
- [A.R.S. § 9-1113 9-1113 Execution of deed to cemetery association](https://www.frixlaw.com/law-library/statutes/STATE_AZ_T9_C10_A1_S1113.md)
- [A.R.S. § 9-1114 9-1114 Rights of lienholders](https://www.frixlaw.com/law-library/statutes/STATE_AZ_T9_C10_A1_S1114.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_AZ_T9_C10_A1_S1105. Check the current official text before relying on it. Not legal advice.