Arizona § 48-4919 Water district revenue bonds as legal investments

Arizona Statutes

§ 48-4919 — Water district revenue bonds as legal investments

Arizona § 48-4919

Title 48Arizona Revised Statutes

Ch. 28ACTIVE MANAGEMENT AREA WATER DISTRICT

Art. 5Revenue Bonds

This text of Arizona § 48-4919 (Water district revenue bonds as legal investments) 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. § 48-4919 (2026).

Text

Active management area water district revenue bonds issued under this article are securities in which public officers and bodies of this state and of municipalities and political subdivisions of this state, all companies, associations and other persons carrying on an insurance business, all financial institutions, investment companies and other persons carrying on a banking business, all fiduciaries and all other persons who are authorized to invest in governmental obligations may properly and legally invest. The bonds are also securities which may be deposited with public officers or bodies of this state and municipalities and political subdivisions of this state for purposes which require the deposit of governmental bonds or obligations.

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Active management area water district revenue bonds issued under this article are securities in which public officers and bodies of this state and of municipalities and political subdivisions of this state, all companies, associations and other persons carrying on an insurance business, all financial institutions, investment companies and other persons carrying on a banking business, all fiduciaries and all other persons who are authorized to invest in governmental obligations may properly and legally invest. The bonds are also securities which may be deposited with public officers or bodies of this state and municipalities and political subdivisions of this state for purposes which require the deposit of governmental bonds or obligations.