Arizona § 45-2426 - Annual report
Full text of Arizona Arizona Revised Statutes § 45-2426 — Annual report, with citation guidance and answers to common questions.
§ 45-2426. Annual report
A. The commission shall make and submit to the governor, president of the senate and speaker of the house of representatives on or before July 1 of each year a report containing a full and complete account of its transactions and proceedings for the preceding calendar year.
B. The report shall contain all of the following:
1. An accounting of all monies expended from the banking fund.
2. An accounting of all monies in the banking fund remaining available to the authority.
3. The amount of water stored by the authority.
4. The number of long-term storage credits distributed or extinguished by the authority.
5. The purposes for which long-term storage credits were distributed or extinguished by the authority.
6. A description of the water banking services and interstate water banking to be undertaken by the authority during the following ten year period, and a projection of the capacity of the authority during that period to undertake those activities in addition to storing Colorado river water brought into the state through the central Arizona project for all of the following purposes:
(a) Protecting this state's municipal and industrial water users against future water shortages on the Colorado river and disruptions of operation of the central Arizona project.
(b) Fulfilling the water management objectives of this state as set forth in chapter 2 of this title.
(c) Making water available to implement the settlement of water rights claims by Indian communities within this state.
7. Any other matter determined by the authority to be relevant to the policy and purposes of this chapter.
Frequently Asked Questions About Arizona § 45-2426
What does Arizona Revised Statutes § 45-2426 cover?
Section 45-2426 ("Annual report") is part of the Arizona Revised Statutes, the codified statutory law of Arizona. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Arizona § 45-2426?
A common citation format is "Arizona Revised Statutes § 45-2426" (Arizona). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Arizona law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Arizona official source linked on this page or consult a licensed Arizona attorney.
How does Arizona § 45-2426 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Arizona can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Arizona.