There is a newer version of the Arizona Revised Statutes
2005 Arizona Revised Statutes - Revised Statutes §41-3902 Establishment of authority; exemption
A. The Arizona housing finance authority is established.
B. The authority is considered to be a body corporate and politic and acting in all respects for the benefit of the residents of this state and performing a governmental function in carrying out the purposes of this article.
C. The authority is exempt from chapter 23 of this title.
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