Terms Used In Arizona Laws > Title 45 > Chapter 14 > Article 4 - Interstate Water Banking

• Contract: A legal written agreement that becomes binding when signed.
• Department: means the department of water resources. See Arizona Laws 45-101
• Director: means the director of water resources, who is also the director of the department. See Arizona Laws 45-101
• Entitlement: A Federal program or provision of law that requires payments to any person or unit of government that meets the eligibility criteria established by law. Entitlements constitute a binding obligation on the part of the Federal Government, and eligible recipients have legal recourse if the obligation is not fulfilled. Social Security and veterans' compensation and pensions are examples of entitlement programs.
• Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
• including: means not limited to and is not a term of exclusion. See Arizona Laws 1-215
• United States: includes the District of Columbia and the territories. See Arizona Laws 1-215