Arizona § 5-1165 Bond proceeds account

Arizona Statutes

§ 5-1165 — Bond proceeds account

Arizona·Title 5 Arizona Revised Statutes·Ch. 9 SPORTS AUTHORITY DISTRICT·Art. 3 Revenue Bonds

(Conditionally Rpld.)

A.If the authority issues bonds under this article, the authority board shall establish a bond proceeds account within the general fund consisting of monies received from the sale of the bonds.

B.The authority board may use monies in the bond proceeds account only for sports authority purposes in the manner prescribed by this chapter.

C.The authority's fiscal agent shall administer and account for the bond proceeds account.

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(Conditionally Rpld.)

A. If the authority issues bonds under this article, the authority board shall establish a bond proceeds account within the general fund consisting of monies received from the sale of the bonds.

B. The authority board may use monies in the bond proceeds account only for sports authority purposes in the manner prescribed by this chapter.

C. The authority's fiscal agent shall administer and account for the bond proceeds account.

Arizona § 5-1165 (Bond proceeds account) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.