Arizona § 5-1165 Bond proceeds account

Arizona Statutes

§ 5-1165 — Bond proceeds account

Arizona § 5-1165

Title 5Arizona Revised Statutes

Ch. 9SPORTS AUTHORITY DISTRICT

Art. 3Revenue Bonds

This text of Arizona § 5-1165 (Bond proceeds account) 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. § 5-1165 (2026).

Text

(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.