ARS § 37-261
If the state has held a reversion right for 10 years without exercise or encumbrance, the commissioner may auction it, must set a minimum bid, the purchaser must indemnify the state and officials, and the commissioner must deposit sale revenue into the proper fund.
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- Jurisdiction
- United States — Arizona
- Instrument
- Act or statute
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- Language
- en
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public auctions reversion rights state land administration
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ARS § 37-261
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