Arizona § 48-3160 Conversion of defaulted assessment into first mortgage lien

Arizona Statutes

§ 48-3160 — Conversion of defaulted assessment into first mortgage lien

Arizona § 48-3160

Title 48Arizona Revised Statutes

Ch. 19IRRIGATION AND WATER CONSERVATION DISTRICTS

Art. 9District Assessments

This text of Arizona § 48-3160 (Conversion of defaulted assessment into first mortgage lien) 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. § 48-3160 (2026).

Text

When a district is, for one year or more, in default in the payment of legally existing district obligations amounting to five dollars per acre or over, and an assessment has been authorized by vote of the qualified electors of the district as provided by section 48-3153, and levied by the district for the purpose of discharging the default or for the purpose of paying or refunding district indebtedness, or both, the assessment may be converted into negotiable first mortgage liens upon the lands located within the district and liable for such district taxes or assessments.

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When a district is, for one year or more, in default in the payment of legally existing district obligations amounting to five dollars per acre or over, and an assessment has been authorized by vote of the qualified electors of the district as provided by section 48-3153, and levied by the district for the purpose of discharging the default or for the purpose of paying or refunding district indebtedness, or both, the assessment may be converted into negotiable first mortgage liens upon the lands located within the district and liable for such district taxes or assessments.