There is a newer version of the Arizona Revised Statutes
2016 Arizona Revised Statutes
Title 48 - Special Taxing Districts
§ 48-2717 Exemption from taxation of bonds and certain property of district
AZ Rev Stat § 48-2717 (2016) What's This?
48-2717. Exemption from taxation of bonds and certain property of district
The rights of way, ditches, drains, conduits, flumes, pipe-lines, dams, reservoirs, pumping-plants, water and other property of like character belonging to any drainage district, as well as the bonds or other evidences of indebtedness of the district, shall not be taxed for state, county or municipal purposes.
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