Arizona § 48-6278 Bond purchase; cancellation

Arizona Statutes

§ 48-6278 — Bond purchase; cancellation

Arizona § 48-6278

Title 48Arizona Revised Statutes

Ch. 36THEME PARK DISTRICTS

Art. 4Revenue Bonds

This text of Arizona § 48-6278 (Bond purchase; cancellation) 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. § 48-6278 (2026).

Text

(Conditionally Rpld.) The board may purchase bonds for cancellation, using any available monies, at a price not exceeding the following:

1.If the bonds are redeemable at the time of purchase, the applicable redemption price plus accrued interest to the next interest payment date.

2.If the bonds are not redeemable at the time of purchase, the applicable redemption price on the first date after purchase on which the bonds become subject to redemption plus accrued interest to that date.

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(Conditionally Rpld.)

The board may purchase bonds for cancellation, using any available monies, at a price not exceeding the following:

1. If the bonds are redeemable at the time of purchase, the applicable redemption price plus accrued interest to the next interest payment date.

2. If the bonds are not redeemable at the time of purchase, the applicable redemption price on the first date after purchase on which the bonds become subject to redemption plus accrued interest to that date.