35-903. Arizona finance authority designated as state registry; fee

171 words·~1 min read·/az/title-35/35-903

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

A. The Arizona finance authority is designated as the exclusive state registry for:

1. Requests.

2. Recordation of confirmations, whether outstanding or lapsed.

3. Certificates of closing.

4. Recordation of all requests for carry-forward amounts for specific projects.

5. Other records required for the administration of this chapter.

B. The authority shall develop and maintain separate lists for urban cities, nonurban areas, statewide uses and the aggregate for all categories that summarize all information received pursuant to subsection A of this section.

C. Requests and confirmations adopted or issued under this chapter shall be dated and numbered by the director in the order received and issued, and each item shall be independently entered on the proper list. Each list shall be composed in a manner sufficient to show, at any time:

1. The dollar amount of confirmations outstanding and not then lapsed.

2. The dollar amount of the remaining allocation then available.

3. The amount of confirmations actually closed.

D. The authority may assess an application fee for processing the requests.