A. No person may purchase more than six hundred forty acres of grazing land, or more than one hundred sixty acres of agricultural land.

Terms Used In Arizona Laws 37-240

  • Person: includes a corporation, company, partnership, firm, association or society, as well as a natural person. See Arizona Laws 1-215
  • State lands: means any land owned or held in trust, or otherwise, by the state, including leased school or university land. See Arizona Laws 37-101

B. No sales, leases or subleases of state lands shall be made to corporations or associations not qualified to transact business in the state.