Arizona § 48-1553 - Title to property held in trust; procuring power from without the state
Full text of Arizona Arizona Revised Statutes § 48-1553 — Title to property held in trust; procuring power from without the state, with citation guidance and answers to common questions.
§ 48-1553. Title to property held in trust; procuring power from without the state
A. The title to all property acquired under this chapter shall immediately, and by operation of law, vest in the power district in its corporate name, and shall be held by the district in trust for the use and purposes set forth in this chapter.
B. The board may hold, use, acquire, manage, occupy and possess the property as authorized by this chapter, but when a district organized under this chapter finds it necessary to procure and acquire a supply of electric or other power from without the boundaries of this state, the district may contract and pay therefor in the same manner as other property acquired by the district is purchased and paid for.
Source: official Arizona text · Last verified 2026-08-27
Frequently Asked Questions About Arizona § 48-1553
What does Arizona Revised Statutes § 48-1553 cover?
Section 48-1553 ("Title to property held in trust; procuring power from without the state") 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 § 48-1553?
A common citation format is "Arizona Revised Statutes § 48-1553" (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 § 48-1553 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.