SCR 1019 Summary

• Proposes an amendment to Article X, Section 4 of the Arizona Constitution relating to state trust lands.

• Restructures the constitutional language into three subsections (A, B, and C) for clarity while maintaining existing requirements for appraisals and sale conditions.

• Specifies that all trust lands and their products must be appraised at true value before being offered for sale or disposal.

• Requires that no sale or disposal of trust land shall occur for less than the appraised value or statutory minimum price, or on credit without adequate security.

• Clarifies that legal title does not pass until the purchase consideration has been paid in full.