Arizona Statutes

§ 48-1031 — Definitions

Arizona·Title 48 Arizona Revised Statutes·Ch. 6 COUNTY IMPROVEMENT DISTRICTS·Art. 5 Rural Road Improvement Districts

In this article, unless the context otherwise requires:

1."Clerk" means the clerk of the board of supervisors.
2."Debt service" means the principal of, interest on and premium, if any, on the bonds, when due, whether at maturity or prior redemption and costs of registrars, trustees, paying agents or other agents necessary to handle the bonds and the costs of credit enhancement or liquidity support.
3."District" means a tax levying rural road improvement district formed pursuant to this article.
4."District board", or "board", means the board of directors of the district, which shall be comprised of the members of the county board of supervisors, ex officio.
5."General obligation bond" means a general obligation bond issued under section 48-1045.
6."Owner" means the person who,

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