Arizona Revised Statutes § 48-5350 Taxation Exemption

48-5350. Taxation exemption

The board is regarded as performing a governmental function in carrying out the purposes of this article and is not required to pay taxes or assessments on any of the property acquired or constructed or on the activities of the board in maintaining and caring for the real property or in the monies derived from the real property. The bonds, their transfer and the income from the bonds are at all times free from taxation in this state.

Section: Previous  48-5343  48-5344  48-5345  48-5346  48-5347  48-5348  48-5349  48-5350  48-5351  48-5352  48-5353  48-5354  48-5501  48-5501.01  48-5502  Next

Last modified: October 13, 2016