Arizona Statutes
§ 15-1033 — Certification of school district bonds by attorney general
Arizona·Title 15 Arizona Revised Statutes·Ch. 9 SCHOOL DISTRICT BUDGETING AND FINANCIAL ASSISTANCE·Art. 7 Bond Issues and Bonded Indebtedness
A.Any school district may submit to the attorney general bonds to be issued under this article after the school district has authorized their issuance. Within fifteen days after submission by the school district, the attorney general shall examine the bonds and pass on the validity of the bonds and the regularity of the proceedings authorizing their issuance.
B.If the bonds and proceedings submitted to the attorney general by a school district conform to the laws of this state, and if the bonds when delivered and paid for will constitute binding and legal obligations of the school district according to the terms of the bonds, the attorney general shall certify in substance that the bonds are issued in accordance with the constitution and laws of this state.
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Nearby Sections
15
§ 15-1000
County school fund§ 15-1001
Special county school reserve fund§ 15-101
Definitions§ 15-1022
Tax levy for bonds; administration and disposition of tax; cancellation of paid bonds; security§ 15-1023
Issuance of bonds§ 15-1028
Disposition of surplus tax monies