Arizona Revised Statutes Title 45. Waters § 45-2427. Limitation on powers

1. The authority shall not store Colorado river water that would otherwise have been used in this state pursuant to a contract entered into pursuant to § 48-3703, paragraph 2, a section 5 contract under the Boulder Canyon project act (P.L. 108-6; 43 United States Code § 617) with a priority that is equal to or higher than a contract entered into pursuant to § 48-3703, paragraph 2 or any other section 5 contract under the Boulder Canyon project act entered into before September 18, 2003.

2. The authority shall not store for interstate water banking purposes Colorado river water that would otherwise have been used in this state.

1. Regulations are in effect, promulgated by the secretary of the interior of the United States, that facilitate and allow the contractual distribution of unused entitlement under article II(b)(6) of the decree.

2. The director finds that the rules promulgated by the secretary of the interior adequately protect this state's rights to Colorado river water, as those rights are defined by the decree.

1. Any excess central Arizona project water made available by CAWCD in a year exclusively for the authority. The authority shall use any excess central Arizona project water obtained pursuant to this paragraph in a manner consistent with articles 3 and 5 of this chapter  1 or chapter 15, article 3 of this title,  2 including meeting Indian firming obligations, replenishing water under the Gila river Indian water settlement program and storing water for municipal and industrial purposes in times of shortage.

2. Any excess central Arizona project water made available by CAWCD in a year for the purpose of storing water to meet a contractual obligation of the authority under an interstate water banking agreement entered into pursuant to article 4 of this chapter  3 if the excess central Arizona project water resulted from the acquisition of additional Colorado river water by CAWCD using monies contributed by the authority.