Arizona Revised Statutes

Ariz. Rev. Stat. § 14-10603 (2026)

Settlor's powers; powers of withdrawal

✓ current as of May 2026

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14-10603. Settlor's powers; powers of withdrawal

A. While a trust is revocable by the settlor, the rights of the beneficiaries are subject to the control of, and the duties of the trustee are owed exclusively to, the settlor.

B. During the period a power of withdrawal may be exercised, the holder of the power has the rights of a settlor of a revocable trust under this section to the extent of the property subject to the power.

Notes of Decisions

Cited in 1 case, 2015–2015 · leading case: Pinnamaneni v. Arizona Registrar of Contractors, 347 P.3d 593 (Ariz. Ct. App. 2015).

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Pinnamaneni v. Arizona Registrar of Contractors, 347 P.3d 593 (Ariz. Ct. App. 2015). · cites it 2× “We therefore conclude that under these circumstances — where the property is owned by a revocable trust and the occupant is the trustor, trustee, and beneficiary of that revocable trust — the trustee acting on behalf of the trust satisfies the owner and occupant requirements of…”

— Ariz. Rev. Stat. § 14-10603(A) — 1 case

Pinnamaneni v. Arizona Registrar of Contractors, 347 P.3d 593 (Ariz. Ct. App. 2015). “We therefore conclude that under these circumstances — where the property is owned by a revocable trust and the occupant is the trustor, trustee, and beneficiary of that revocable trust — the trustee acting on behalf of the trust satisfies the owner and occupant requirements of…”

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