Arizona § 48-1048 Dissolution of district

Arizona Statutes

§ 48-1048 — Dissolution of district

Arizona § 48-1048

Title 48Arizona Revised Statutes

Ch. 6COUNTY IMPROVEMENT DISTRICTS

Art. 5Rural Road Improvement Districts

This text of Arizona § 48-1048 (Dissolution of district) 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. § 48-1048 (2026).

Text

A.When the district board certifies that the rural road improvements for which the district was formed are completed and comply with county standards, the district board shall dissolve the district.

B.On dissolution of the district all assets of the district are transferred to the county.

C.All taxable property in the district remains subject to taxes for the payment of the principal or any interest on outstanding general obligation bonds notwithstanding dissolution of the district, and the county shall continue to levy such taxes against property in the dissolved district sufficient to produce revenue necessary to pay debt service on the bonds.

Free access — add to your briefcase to read the full text and ask questions with AI

A. When the district board certifies that the rural road improvements for which the district was formed are completed and comply with county standards, the district board shall dissolve the district.

B. On dissolution of the district all assets of the district are transferred to the county.

C. All taxable property in the district remains subject to taxes for the payment of the principal or any interest on outstanding general obligation bonds notwithstanding dissolution of the district, and the county shall continue to levy such taxes against property in the dissolved district sufficient to produce revenue necessary to pay debt service on the bonds.