Arizona § 30-1014 Obligations of successor to public power entity

Arizona Statutes

§ 30-1014 — Obligations of successor to public power entity

Arizona § 30-1014

Title 30Arizona Revised Statutes

Ch. 8UTILITY SECURITIZATION

Art. 1General Provisions

This text of Arizona § 30-1014 (Obligations of successor to public power entity) 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.

Bluebook

Ariz. Rev. Stat. Ann. § 30-1014 (2026).

Text

Any successor to a public power entity, whether pursuant to a bankruptcy, reorganization or other insolvency proceeding or pursuant to a merger, acquisition, sale or transfer or other business combination by operation of law or agreement of the public power entity or otherwise, shall perform and satisfy all obligations of and have the same rights and obligations under this chapter or any financing resolution as the public power entity in the same manner and to the same extent as the public power entity, including acting as a servicer and collecting and paying to the person entitled to receive the financing charges and financing revenues.

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Any successor to a public power entity, whether pursuant to a bankruptcy, reorganization or other insolvency proceeding or pursuant to a merger, acquisition, sale or transfer or other business combination by operation of law or agreement of the public power entity or otherwise, shall perform and satisfy all obligations of and have the same rights and obligations under this chapter or any financing resolution as the public power entity in the same manner and to the same extent as the public power entity, including acting as a servicer and collecting and paying to the person entitled to receive the financing charges and financing revenues.