Arizona Statutes
§ 48-2778 — Unlawful sale or exchange of refunding bonds
Arizona·Title 48 Arizona Revised Statutes·Ch. 18 DRAINAGE AND FLOOD PROTECTION DISTRICTS·Art. 8 Refunding District Indebtedness
It is unlawful for the board of directors to sell or exchange any refunding bonds for less than ninety-five per cent of their par value.
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Nearby Sections
15
§ 48-1002
Complete procedure§ 48-1004
Limitation§ 48-101
State certification board§ 48-1011
Definitions§ 48-1013
Compensation; expenses§ 48-1017
Reimbursement for county services