Arizona § 48-3121 Purchase by district of lands sold at tax sale; resale by district

Arizona Statutes

§ 48-3121 — Purchase by district of lands sold at tax sale; resale by district

Arizona § 48-3121

Title 48Arizona Revised Statutes

Ch. 19IRRIGATION AND WATER CONSERVATION DISTRICTS

Art. 8Financial Provisions

This text of Arizona § 48-3121 (Purchase by district of lands sold at tax sale; resale by district) is published on Counsel Stack Legal Research, covering Arizona primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ariz. Rev. Stat. Ann. § 48-3121 (2026).

Text

A.At a sale of taxable property in the district for delinquent taxes, the irrigation district may become the purchaser thereof and hold title thereto with the same rights and powers as persons. The board of directors of the district may provide district funds for such purchases and may lease, sell and assign or otherwise dispose of the property so acquired for not less than an amount equal to the amount paid for the property, together with interest at the rate of six per cent per annum thereon from the date of purchase and an amount equal to the pro rata amount of current taxes for district purposes during the period of ownership.

B.If property so acquired by the district at tax sale has not been disposed of, then on petition of five qualified electors of the district the question of se

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A. At a sale of taxable property in the district for delinquent taxes, the irrigation district may become the purchaser thereof and hold title thereto with the same rights and powers as persons. The board of directors of the district may provide district funds for such purchases and may lease, sell and assign or otherwise dispose of the property so acquired for not less than an amount equal to the amount paid for the property, together with interest at the rate of six per cent per annum thereon from the date of purchase and an amount equal to the pro rata amount of current taxes for district purposes during the period of ownership.

B. If property so acquired by the district at tax sale has not been disposed of, then on petition of five qualified electors of the district the question of selling lands so held and unsold on other and different terms and conditions shall be submitted to the qualified electors of the district at the next regular election of the district and the board of directors may then sell the lands upon the terms and conditions adopted at the election.