45-1904. Corporate existence
47 words·~1 min read·
/az/title-45/45-1904A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
An authority is a corporate and political body that may act in its official corporate name and has all of the rights and immunities of municipal corporations that are granted by the constitution and statutes of this state, including immunity of its property and bonds from taxation.