Arizona Revised Statutes Title 48. Special Taxing Districts § 48-3075. Sale of state land; lessee on land credited with water right acquired by payment of district assessments

If a sale is made of state lands as described in § 48-3073, a lessee in possession thereof at the time of sale shall, in addition to having his improvements placed thereon appraised in the manner provided by law, be credited with the water right acquired through the payment of the district assessments and charges paid by him, and such water right shall be considered and appraised as an improvement made upon the lands.