Arizona § 48-2717 Exemption from taxation of bonds and certain property of district

Arizona Statutes

§ 48-2717 — Exemption from taxation of bonds and certain property of district

Arizona·Title 48 Arizona Revised Statutes·Ch. 18 DRAINAGE AND FLOOD PROTECTION DISTRICTS·Art. 5 Financial Provisions

The rights of way, ditches, drains, conduits, flumes, pipe-lines, dams, reservoirs, pumping-plants, water and other property of like character belonging to any drainage district, as well as the bonds or other evidences of indebtedness of the district, shall not be taxed for state, county or municipal purposes.

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