Arizona Statutes

§ 48-2217 — Limit of bonded indebtedness

Arizona·Title 48 Arizona Revised Statutes·Ch. 16 HEALTH SERVICE DISTRICTS·Art. 1 General Provisions
No health service district shall incur a bonded indebtedness exceeding five per cent of the assessed value of all taxable property in the district as shown by the last assessment roll of the county.

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