Arizona Statutes

§ 5-869 — Payment of bonds

Arizona·Title 5 Arizona Revised Statutes·Ch. 8 TOURISM AND SPORTS AUTHORITY·Art. 3 Revenue Bonds

A.The bonds shall be paid solely from monies in the debt service account.

B.Neither the members of the board nor any person executing the bonds is personally liable for the payment of the bonds.

C.The treasurer or fiscal agent of the authority shall cancel all bonds when paid.

Free access — add to your briefcase to read the full text and ask questions with AI

Arizona § 5-869 (Payment of bonds) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Nearby Sections

15

§ 5-101

§ 5-101.01

Division of racing; director; qualifications; term; deputy director; conflict of interest

§ 5-102

Arizona racing commission; members; appointment; terms

§ 5-103

Commissioners; qualifications; oath; interest in racing prohibited; exception; annual report

§ 5-103.01

Prohibited activities

§ 5-104

Arizona racing commission; director; division; powers and duties

§ 5-104.01

Audits and special investigations; exemption

§ 5-105

Appointment of personnel; tests; reports; detention of animals; testing facilities

§ 5-106

Supervisor of mutuels; pari-mutuel auditors; other employees; stewards

§ 5-107

Nature of racing meeting permits; application for permit; cash deposit; return; bond; conditions and priorities for satisfaction of bond

§ 5-107.01

Necessity for permits for racing meetings; licenses for officials and other persons; unauthorized racing meetings; violation; classification

§ 5-107.02

Qualification for eligibility of racing meeting operator

§ 5-107.03

Separate financial records of permittee and concessionaire; violations

§ 5-108

Issuance of permit or license; grounds for refusal to issue; nontransferable; renewal

§ 5-108.01

Hearing on application for or renewal of original permit; notice of hearing; decisions of commission and director; appeal; transfer of permit

View on official source ↗