Sec 15-1303. School for the deaf and the blind as public corporation; tax exemption

A. The school shall be a body corporate under the name of "the Arizona state school for the deaf and the blind".

B. The corporation shall:

1. Have perpetual succession.

2. Have a corporate seal.

3. Be deemed a public corporation and its property shall be exempt from all taxes and assessments.

C. The corporation may, in the corporate name:

1. Sue and be sued.

2. Contract and be contracted with.

3. Take and hold by purchase, gift or devise real and personal property required for its use.

4. Convert property received by gift, purchase or devise which is not suitable for its use into money or property which is suitable for its use.