Arizona Statutes

§ 41-5809 — Investment of monies in impact aid revenue bond debt service fund

Arizona § 41-5809
JurisdictionArizona
Title 41Arizona Revised Statutes
Ch. 56SCHOOL CAPITAL FINANCE
Art. 8Impact Aid Revenue Bonds

This text of Arizona § 41-5809 (Investment of monies in impact aid revenue bond debt service fund) 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. § 41-5809 (2026).

Text

A.The governing board may authorize the investment and reinvestment of any monies in the school district's impact aid revenue bond debt service fund.
B.All monies earned as interest or otherwise derived from the investment of the monies in the impact aid revenue bond debt service fund shall be credited to that fund.
C.The impact aid revenue bond debt service fund is a continuing fund and is not subject to reversion.

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Bluebook (online)
Arizona § 41-5809, Counsel Stack Legal Research, https://law.counselstack.com/statute/az/41-5809.