Arizona Statutes

§ 35-404 — Amount of bonds; limitation

Arizona § 35-404
JurisdictionArizona
Title 35Arizona Revised Statutes
Ch. 3PUBLIC INDEBTEDNESS
Art. 1State Tax Anticipation Bonds

This text of Arizona § 35-404 (Amount of bonds; limitation) 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. § 35-404 (2026).

Text

The total amount of tax anticipation bonds, including both principal and interest, shall not exceed fifty per cent of the ad valorem taxes, plus fifty per cent of the state's portion of excise taxes as estimated by the department of revenue, for the years recited in the bonds, uncollected and not in the state treasury at the time of issuance of the bonds.

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Bluebook (online)
Arizona § 35-404, Counsel Stack Legal Research, https://law.counselstack.com/statute/az/35-404.