Arizona Statutes
§ 45-1713 — Exemption from taxation
The director and the authority shall be regarded as performing a governmental function in undertaking and carrying out the state water and power plan and shall be required to pay no taxes or assessments on any of the property thereof or upon their activities in the operation and maintenance thereof or upon the revenues therefrom. The bonds and notes, their transfer and the income therefrom shall at all times be free from taxation within the state.
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Nearby Sections
15
§ 45-1001
Definitions§ 45-1002
Water exchanges; conditions§ 45-1005
Registry of water exchanges§ 45-1006
Effect on water rights§ 45-101
Definitions§ 45-104
Department organization; deputy directors; employees; legal counsel; branch offices; consultants§ 45-1041
Water exchange permits; fee§ 45-1043
Contents of permit