Home/Arizona/Statutes/Title 48: Arizona Revised Statutes/Ch. 12: ELECTRICAL DISTRICTS/Art. 5: Revenue Bonds/§ 48-1814
Arizona Statutes

§ 48-1814 — Resolution and trust agreements; adoption

Arizona·Title 48 Arizona Revised Statutes·Ch. 12 ELECTRICAL DISTRICTS·Art. 5 Revenue Bonds
The board may provide that any series of bonds may be secured by a trust agreement by and between the district and one or more corporate trustees or fiscal agents, which may be any trust company or bank having the powers of a trust company in this state. A resolution is effective on its adoption unless otherwise specified.

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