Article 9, § 7 — Gift or loan of credit; subsidies; stock ownership; joint ownership
This text of Arizona Const. art. 9, § 7 (Gift or loan of credit; subsidies; stock ownership; joint ownership) is published on Counsel Stack Legal Research, covering Arizona primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
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Neither the state, nor any county, city, town, municipality, or other subdivision of the state shall ever give or loan its credit in the aid of, or make any donation or grant, by subsidy or otherwise, to any individual, association, or corporation, or become a subscriber to, or a shareholder in, any company or corporation, or become a joint owner with any person, company, or corporation, except as to such ownerships as may accrue to the state by operation or provision of law or as authorized by law solely for investment of the monies in the various funds of the state.
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Arizona Const. art. 9, § 7, Counsel Stack Legal Research, https://law.counselstack.com/constitution/az/9/7.