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Code · Arizona · Title 40 — Public Records and Recorders

40-1138. Limitation on indebtedness

41 words·~1 min read·/az/title-40/40-1138

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

An authority shall not incur an indebtedness which exceeds one million dollars. As used in this section, "indebtedness" includes, without limitation, any and all forms thereof which an authority is authorized to incur by this article or by any other law.
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