Arizona § 48-3160 - Conversion of defaulted assessment into first mortgage lien
Full text of Arizona Arizona Revised Statutes § 48-3160 — Conversion of defaulted assessment into first mortgage lien, with citation guidance and answers to common questions.
§ 48-3160. Conversion of defaulted assessment into first mortgage lien
When a district is, for one year or more, in default in the payment of legally existing district obligations amounting to five dollars per acre or over, and an assessment has been authorized by vote of the qualified electors of the district as provided by section 48-3153, and levied by the district for the purpose of discharging the default or for the purpose of paying or refunding district indebtedness, or both, the assessment may be converted into negotiable first mortgage liens upon the lands located within the district and liable for such district taxes or assessments.
Source: official Arizona text · Last verified 2026-08-27
Frequently Asked Questions About Arizona § 48-3160
What does Arizona Revised Statutes § 48-3160 cover?
Section 48-3160 ("Conversion of defaulted assessment into first mortgage lien") 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 § 48-3160?
A common citation format is "Arizona Revised Statutes § 48-3160" (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 § 48-3160 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.