45-2204. Corporate existence; exemption from regulation
64 words·~1 min read·
/az/title-45/45-2204A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A. The authority is a corporate and political body that may act in its official corporate name and shall have 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 from taxation.
B. The authority is not a public service corporation subject to regulation by the Arizona corporation commission.