Arizona Statutes
§ 48-2995 — Limitation on power of board to incur district indebtedness
Arizona·Title 48 Arizona Revised Statutes·Ch. 19 IRRIGATION AND WATER CONSERVATION DISTRICTS·Art. 3 Administration
The board of directors or other officers of the district shall not incur any debt or liability, either by issuing bonds or otherwise, in excess of the express provisions of this chapter. Any debt or liability incurred in excess of such limitation shall be absolutely void.
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Nearby Sections
15
§ 48-1002
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