Arizona § 9-241 - Purchase and sale of property
Full text of Arizona Arizona Revised Statutes § 9-241 — Purchase and sale of property, with citation guidance and answers to common questions.
§ 9-241. Purchase and sale of property
A. The corporation may purchase, receive, hold, lease and convey property, real and personal, necessary or proper to carry out the purposes of the corporation, within or without its limits.
B. Every conveyance of real property to the corporation shall be in its corporate name. Conveyances by the corporation shall be executed by the mayor with the advice and consent of the council, at a regular meeting thereof.
C. Real property of the corporation shall be sold as provided by section 9-402.
Source: official Arizona text · Last verified 2026-08-27
Frequently Asked Questions About Arizona § 9-241
What does Arizona Revised Statutes § 9-241 cover?
Section 9-241 ("Purchase and sale of property") 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 § 9-241?
A common citation format is "Arizona Revised Statutes § 9-241" (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 § 9-241 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.