Arizona § 45-1999 Water augmentation authority bonds as legal investments

Arizona Statutes

§ 45-1999 — Water augmentation authority bonds as legal investments

Arizona § 45-1999

Title 45Arizona Revised Statutes

Ch. 11COUNTY WATER AUGMENTATION AUTHORITY

Art. 5Revenue Bonds

This text of Arizona § 45-1999 (Water augmentation authority bonds as legal investments) 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. § 45-1999 (2026).

Text

County water augmentation authority bonds issued under this article are securities in which public officers and bodies of this state and of municipalities and political subdivisions of this state, all companies, associations and other persons carrying on an insurance business, all financial institutions, investment companies and other persons carrying on a banking business, all fiduciaries and all other persons who are authorized to invest in governmental obligations may properly and legally invest. The bonds are also securities that may be deposited with public officers or bodies of this state and municipalities and political subdivisions of this state for purposes that require the deposit of governmental bonds or obligations.

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County water augmentation authority bonds issued under this article are securities in which public officers and bodies of this state and of municipalities and political subdivisions of this state, all companies, associations and other persons carrying on an insurance business, all financial institutions, investment companies and other persons carrying on a banking business, all fiduciaries and all other persons who are authorized to invest in governmental obligations may properly and legally invest. The bonds are also securities that may be deposited with public officers or bodies of this state and municipalities and political subdivisions of this state for purposes that require the deposit of governmental bonds or obligations.