Arizona Statutes

§ 41-5705 — Lease-to-own amount; expiration

Arizona·Title 41 Arizona Revised Statutes·Ch. 56 SCHOOL CAPITAL FINANCE·Art. 1 School Facilities
A.In order to fulfill the requirements of section 41-5741, the board may enter into lease-to-own transactions for up to a maximum of $200,000,000 in any fiscal year.
B.The board shall not enter into lease-to-own transactions, including any refinancings or refundings, pursuant to this section from and after May 15, 2006.

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