2013 Arizona Revised Statutes
Title 42 - Taxation
§ 42-14501 Definitions


AZ Rev Stat § 42-14501 (through 1st Reg Sess 51st Leg. 2013) What's This?

42-14501. Definitions

In this article, unless the context otherwise requires:

1. " Airport" means any area of land or water designed and set aside for the landing and taking off of aircraft and used, or to be used, in the interest of the public for those purposes.

2. " Airport fuel delivery company" means a company that meets all of the following requirements:

(a) The company is owned exclusively by a consortium of certified air carriers.

(b) The company is formed to provide its owners with jet fuel that is delivered by a fuel storage and hydrant delivery system at an airport in this state.

(c) The company is reimbursed by its owners for costs necessary for its operation.

(d) The company operates on a break-even cash accounting basis under which member contributions and other revenues are equal to the company's total costs of operation.

Disclaimer: These codes may not be the most recent version. Arizona may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.