Arizona § 48-544 Purchase of improvement bonds by city

Arizona Statutes

§ 48-544 — Purchase of improvement bonds by city

Arizona § 48-544

Title 48Arizona Revised Statutes

Ch. 4MUNICIPAL IMPROVEMENT DISTRICTS

Art. 1Opening, Widening and Closing Public Ways

This text of Arizona § 48-544 (Purchase of improvement bonds by city) 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. § 48-544 (2026).

Text

The city or town may, without advertising or selling the improvement bonds, advance to the appropriate fund the par value of all or any part of the bonds, whereupon the city or town shall have the same rights for the enforcement and collection thereof as a purchaser, and may at any time sell the bonds to reimburse itself therefor.

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