The Arizona Revised Statutes have been updated to include the revised sections from the 56th Legislature, 1st Regular Session. Please note that the next update of this compilation will not take place until after the conclusion of the 56th Legislature, 2nd Regular Session, which convenes in January 2024.
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This online version of the Arizona Revised Statutes is primarily maintained for legislative drafting purposes and reflects the version of law that is effective on January 1st of the year following the most recent legislative session. The official version of the Arizona Revised Statutes is published by Thomson Reuters.
17-246 - Ground leases; installment purchase of facilities
17-246. Ground leases; installment purchase of facilities
A. In this section and section 17-247, "game and fish facilities" has the same meaning as prescribed in section 17-281.
B. For the purpose of acquiring and financing game and fish facilities and with the approval of the joint legislative budget committee the commission may:
1. Enter into leases, as lessor, of land held by the department or the commission, including land held in fee, in the name of this state, by institutional lease from the state land department or by permit from the federal government, if a game and fish facility is to be built, renovated or improved on the land and sold to the department under an installment purchase agreement.
2. Enter into installment purchase agreements pursuant to section 17-247 for the purpose of acquiring a game and fish facility.
3. Contract that any game and fish facility to be purchased is deemed to be personal property notwithstanding the fact that the facility is permanently attached to the land.