Arizona § 49-1264 Certification of bonds by attorney general

Arizona Statutes

§ 49-1264 — Certification of bonds by attorney general

Arizona § 49-1264

Title 49Arizona Revised Statutes

Ch. 8WATER INFRASTRUCTURE FINANCE PROGRAM

Art. 2Clean Water Revolving Fund, Drinking Water Revolving Fund and Hardship Grant Fund Financial Provisions

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Bluebook

Ariz. Rev. Stat. Ann. § 49-1264 (2026).

Text

The board may submit any water quality bonds issued under this article to the attorney general after all proceedings for their authorization have been completed. On submission the attorney general shall examine and pass on the validity of the bonds and the regularity of the proceedings. If the proceedings comply with this article, and if the attorney general determines that, when delivered and paid for, the bonds will constitute binding and legal obligations of the board, the attorney general shall certify on the back of each bond, in substance, that it is issued according to the constitution and laws of this state.

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The board may submit any water quality bonds issued under this article to the attorney general after all proceedings for their authorization have been completed. On submission the attorney general shall examine and pass on the validity of the bonds and the regularity of the proceedings. If the proceedings comply with this article, and if the attorney general determines that, when delivered and paid for, the bonds will constitute binding and legal obligations of the board, the attorney general shall certify on the back of each bond, in substance, that it is issued according to the constitution and laws of this state.