Arizona Statutes

§ 48-542 — Validity of bonds; priority of bond lien

Arizona·Title 48 Arizona Revised Statutes·Ch. 4 MUNICIPAL IMPROVEMENT DISTRICTS·Art. 1 Opening, Widening and Closing Public Ways
Improvement bonds issued under this article shall by their issuance be conclusive evidence of the regularity and validity of all proceedings thereto, and shall be first liens upon the property assessed, superior to all other liens, charges and encumbrances except liens of prior assessments and municipal, state and county taxes.

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