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Code · Arizona · Title 37 — Public Finance

37-443. Improvements as state property

63 words·~1 min read·/az/title-37/37-443

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

Upon payment by the state for improvements on state land taken over by the state or its departments or institutions the improvements shall become the property of the state. If the land subsequently is sold or leased to other parties, the purchaser or lessee shall reimburse the state for the improvements and the amount so received shall be placed in the general fund.
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