Arizona Statutes
§ 48-2794 — Authority to reduce bonded indebtedness
Arizona § 48-2794
JurisdictionArizona
Title 48Arizona Revised Statutes
Ch. 18DRAINAGE AND FLOOD PROTECTION DISTRICTS
Art. 9Destruction of Unsold Bonds or Reduction of Bonded Indebtedness
This text of Arizona § 48-2794 (Authority to reduce bonded indebtedness) 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. § 48-2794 (2026).
Text
When the board of directors determines that the authorized bonded indebtedness of the district is greater than the district will require to complete its system as planned, the board may call a special election for the purpose of voting upon a proposal to reduce the bonded indebtedness to an amount the board determines sufficient for such purpose.
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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 servicesCite This Page — Counsel Stack
Bluebook (online)
Arizona § 48-2794, Counsel Stack Legal Research, https://law.counselstack.com/statute/az/48-2794.