Arizona Statutes

§ 48-1602 — Validity of liabilities incurred in excess of express authority

Arizona·Title 48 Arizona Revised Statutes·Ch. 11 POWER DISTRICTS·Art. 4 Financial Provisions
The board of directors or other officers of the district may not incur any debt or liability by issuing bonds or otherwise in excess of the express provisions of this chapter, and any debt or liability incurred in excess of such provisions shall be void.

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