Arizona § 48-3200 Certified bonds as legal investment for savings bank or as security for public funds

Arizona Statutes

§ 48-3200 — Certified bonds as legal investment for savings bank or as security for public funds

Arizona § 48-3200

Title 48Arizona Revised Statutes

Ch. 19IRRIGATION AND WATER CONSERVATION DISTRICTS

Art. 10District Bonds

This text of Arizona § 48-3200 (Certified bonds as legal investment for savings bank or as security for public funds) 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. § 48-3200 (2026).

Text

Bonds certified in accordance with the provisions of sections 48-3201 through 48-3205 shall be legal investments for funds of savings banks transacting business within the state, and may be deposited to secure public funds in the state. No savings bank in the state shall invest any of its funds in bonds of an irrigation district not certified, nor shall irrigation district bonds not so certified be available to secure public funds.

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

Bonds certified in accordance with the provisions of sections 48-3201 through 48-3205 shall be legal investments for funds of savings banks transacting business within the state, and may be deposited to secure public funds in the state. No savings bank in the state shall invest any of its funds in bonds of an irrigation district not certified, nor shall irrigation district bonds not so certified be available to secure public funds.