Arizona § 48-2216 Sale of bonds; disposition of proceeds

Arizona Statutes

§ 48-2216 — Sale of bonds; disposition of proceeds

Arizona § 48-2216

Title 48Arizona Revised Statutes

Ch. 16HEALTH SERVICE DISTRICTS

Art. 1General Provisions

This text of Arizona § 48-2216 (Sale of bonds; disposition of proceeds) 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. § 48-2216 (2026).

Text

A.The board of directors of a health service district shall sell bonds issued pursuant to section 48-2215, subsections A through C at not less than par value, and the proceeds shall be placed in the county treasury of the organizing county to the credit of the district. The county treasurer shall keep an accurate record of all monies of the district paid to him.

B.The fund shall be used exclusively for the purposes mentioned in the resolution calling the bond election. Payments from the fund shall be made upon claims allowed by the board of directors of the district, prepared, presented and audited in the same manner as claims upon county funds.

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

A. The board of directors of a health service district shall sell bonds issued pursuant to section 48-2215, subsections A through C at not less than par value, and the proceeds shall be placed in the county treasury of the organizing county to the credit of the district. The county treasurer shall keep an accurate record of all monies of the district paid to him.

B. The fund shall be used exclusively for the purposes mentioned in the resolution calling the bond election. Payments from the fund shall be made upon claims allowed by the board of directors of the district, prepared, presented and audited in the same manner as claims upon county funds.