Arizona § 48-651 Refunding bonds

Arizona Statutes

§ 48-651 — Refunding bonds

Arizona § 48-651

Title 48Arizona Revised Statutes

Ch. 4MUNICIPAL IMPROVEMENT DISTRICTS

Art. 4Refunding Municipal Improvement Districts Bonds for Savings

This text of Arizona § 48-651 (Refunding bonds) 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. § 48-651 (2026).

Text

A.Bonds may be issued for the purpose of refunding any bonds issued pursuant to article 2 or 3 of this chapter.

B.Refunding bonds issued pursuant to this article shall have such details and be issued and sold as provided by the governing body of the city or town and shall be secured as provided in this article, except that interest on the refunding bonds shall be payable semiannually on January 1 and July 1 and the due date of the refunding bond shall be January 1 in the year in which it becomes due.

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A. Bonds may be issued for the purpose of refunding any bonds issued pursuant to article 2 or 3 of this chapter.

B. Refunding bonds issued pursuant to this article shall have such details and be issued and sold as provided by the governing body of the city or town and shall be secured as provided in this article, except that interest on the refunding bonds shall be payable semiannually on January 1 and July 1 and the due date of the refunding bond shall be January 1 in the year in which it becomes due.