Arizona Statutes
§ 41-5788 — Payment of revenue bonds
Arizona·Title 41 Arizona Revised Statutes·Ch. 56 SCHOOL CAPITAL FINANCE·Art. 7 State School Improvement Revenue Bonds
A.The revenue bonds shall be paid solely from monies from the school improvement revenue bond debt service fund established pursuant to section 41-5784 and other monies that are credited to the school improvement revenue bond debt service fund.
B.The state treasurer or the paying agent for the revenue bonds shall cancel all revenue bonds when paid.
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