Arizona § 9-533 Validity of bonds

Arizona Statutes

§ 9-533 — Validity of bonds

Arizona § 9-533

Title 9Arizona Revised Statutes

Ch. 5PUBLIC UTILITIES

Art. 3Municipal Bonds for Financing Utilities

This text of Arizona § 9-533 (Validity of bonds) 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. § 9-533 (2026).

Text

A.Bonds issued under this article and bearing the signatures of officers in office on the date of the signing thereof shall be valid and binding obligations, notwithstanding that before the delivery thereof and payment therefor any or all of the persons whose signatures appear thereon have ceased to be officers of the municipality issuing the bonds.

B.The validity of the bonds shall not be dependent on or affected by the validity or regularity of any proceedings relating to the construction, acquisition, improvement, reconstruction or extension of the utility undertaking financed by the bonds or taken in connection therewith.

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

A. Bonds issued under this article and bearing the signatures of officers in office on the date of the signing thereof shall be valid and binding obligations, notwithstanding that before the delivery thereof and payment therefor any or all of the persons whose signatures appear thereon have ceased to be officers of the municipality issuing the bonds.

B. The validity of the bonds shall not be dependent on or affected by the validity or regularity of any proceedings relating to the construction, acquisition, improvement, reconstruction or extension of the utility undertaking financed by the bonds or taken in connection therewith.