2020 Arizona Revised Statutes
Title 42 - Taxation
§ 42-15251 Definition of remote municipal property
42-15251. Definition of remote municipal property
In this article, unless the context otherwise requires, " remote municipal property" means either:
1. Property that is owned by a city, town or successor political subdivision and that is not located in the county in which all or part of the city, town or political subdivision is located and from which water may be withdrawn or diverted and transported for use on other property in the county in which the city, town or political subdivision is located. For purposes of this paragraph, property that is owned by a city, town or political subdivision includes property that is owned directly by the city, town or political subdivision and property that is owned indirectly through a nonprofit corporation or another entity that is owned or controlled by the city, town or political subdivision.
2. Property that is privately owned and that previously met the requirements of paragraph 1.
