Arizona § 35-381 Acceptance of warrants in payment of debts; exception

Arizona Statutes

§ 35-381 — Acceptance of warrants in payment of debts; exception

Arizona § 35-381

Title 35Arizona Revised Statutes

Ch. 2HANDLING OF PUBLIC FUNDS

Art. 6Acceptance of County or Municipal Warrants as Payment of Public Debts

This text of Arizona § 35-381 (Acceptance of warrants in payment of debts; exception) 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. § 35-381 (2026).

Text

Warrants that are lawfully issued by a county, city or town, or by a county school superintendent on behalf of a school district, are assignable and shall be accepted at face value with accrued interest in payment of not more than seventy-five percent of any debt or demand, including taxes, due the political subdivision on behalf of which the warrants are issued.  Any such warrant shall not be accepted to pay taxes levied for a political subdivision other than that against which the warrant is drawn.

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Warrants that are lawfully issued by a county, city or town, or by a county school superintendent on behalf of a school district, are assignable and shall be accepted at face value with accrued interest in payment of not more than seventy-five percent of any debt or demand, including taxes, due the political subdivision on behalf of which the warrants are issued. Any such warrant shall not be accepted to pay taxes levied for a political subdivision other than that against which the warrant is drawn.