28-7618. Attorney general note certification
132 words·~1 min read·
/az/title-28/28-7618A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A. The board may submit to the attorney general any notes to be issued under this article after all proceedings for the authorization of the notes have been taken. On the submission of the proceedings to the attorney general, the attorney general shall investigate and determine the validity of the notes and the regularity of all proceedings in connection with the issuance.
B. If the proceedings comply with this article and the attorney general determines that the notes when delivered and paid for will constitute binding and legal obligations of the board that are enforceable according to the terms of the notes, the attorney general shall certify in substance on the back of each of the notes that each note is issued in accordance with the constitution and laws of this state.