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Code · Arizona · Title 35 — Public Buildings, Works, and Improvements

35-465.03. Limitations on issuance of notes

44 words·~1 min read·/az/title-35/35-465-03

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The amount of such notes issued by such taxing district in any fiscal year shall not exceed ninety per cent of the aggregate of all uncollected taxes estimated to be received by the district for the fiscal year as shown by the current budget.
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