Arizona § 48-2091 Refunding bonds

Arizona Statutes

§ 48-2091 — Refunding bonds

Arizona § 48-2091

Title 48Arizona Revised Statutes

Ch. 14SANITARY DISTRICTS

Art. 3Refunding Bonds

This text of Arizona § 48-2091 (Refunding bonds) 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. § 48-2091 (2026).

Text

A.The board of directors of a sanitary district may issue bonds for the purpose of refunding any bonds issued pursuant to article 2 of this chapter. Refunding bonds may be issued only if the total amount of principal of and interest on the refunding bonds does not exceed the total amount of remaining principal of and interest on the bonds to be refunded.

B.Refunding bonds shall be issued and sold and contain such details as the board of directors prescribes.

C.Interest on refunding bonds is payable on January 1 and July 1 each year.

D.The due dates of refunding bonds are January 1 and July 1 in the years they are due.

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A. The board of directors of a sanitary district may issue bonds for the purpose of refunding any bonds issued pursuant to article 2 of this chapter. Refunding bonds may be issued only if the total amount of principal of and interest on the refunding bonds does not exceed the total amount of remaining principal of and interest on the bonds to be refunded.

B. Refunding bonds shall be issued and sold and contain such details as the board of directors prescribes.

C. Interest on refunding bonds is payable on January 1 and July 1 each year.

D. The due dates of refunding bonds are January 1 and July 1 in the years they are due.