Arizona § 5-865 Debt service account

Arizona Statutes

§ 5-865 — Debt service account

Arizona § 5-865

Title 5Arizona Revised Statutes

Ch. 8TOURISM AND SPORTS AUTHORITY

Art. 3Revenue Bonds

This text of Arizona § 5-865 (Debt service 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. § 5-865 (2026).

Text

A.If the authority issues bonds under this article the board shall establish a debt service account consisting of monies designated and dedicated by the board for repayment of the bonds and payment of costs and related expenses associated with redeeming the bonds.

B.Monies in the debt service account may be used only for the purposes authorized by this article.

C.The treasurer or fiscal agent of the authority shall administer and account for the debt service account.

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A. If the authority issues bonds under this article the board shall establish a debt service account consisting of monies designated and dedicated by the board for repayment of the bonds and payment of costs and related expenses associated with redeeming the bonds.

B. Monies in the debt service account may be used only for the purposes authorized by this article.

C. The treasurer or fiscal agent of the authority shall administer and account for the debt service account.