{"data":{"id":"us-az/a.r.s.-45-854.01","jurisdiction":"us-az","citation":"A.R.S. § 45-854.01","heading":"Assignability of long-term storage credits","body":"A. Except as provided in section 45-855.01, subsection C, the holder of long-term storage credits may assign by grant, gift, sale, lease or exchange all or part of the holder's long-term storage credits.\n\nB. Except as provided in subsection C of this section, an assignment of long-term storage credits from one person to another is valid on receipt by the director of notification of the assignment in writing on a form that is provided by the director and that has been signed by both the assignor and assignee.\n\nC. The director may reject and invalidate any assignment of long-term storage credits in which the stored water would not have met the requirements for long-term storage credits as prescribed by section 45-852.01 if the assignee had stored the water.","path":["Title 45 Waters"],"source_url":"https://www.azleg.gov/ars/45/00854-01.htm","current_through":"2026-09-04","vintage":"2026-08-09","retrieved_at":"2026-09-04T00:49:56Z","sha256":"2f9568ff9f562576b36b3a7453f45ff02ab0b2fe03fbb96ad50d3992cb00f413","source_id":"us-az","stale":true,"prev":"us-az/a.r.s.-45-853.01","next":"us-az/a.r.s.-45-855.01"},"notice":"GroundRules: Original legal text. Not legal advice."}