Arizona Statutes

§ 48-6279 — Payment of bonds

Arizona·Title 48 Arizona Revised Statutes·Ch. 36 THEME PARK DISTRICTS·Art. 4 Revenue Bonds

(Conditionally Rpld.)

A.The bonds shall be paid solely from monies in the debt service account.
B.The members of the board and any persons who execute the bonds are not personally liable for the payment of the bonds.
C.The fiscal agent of the district shall cancel all bonds when paid.

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