41-5705. Lease-to-own amount; expiration
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/az/title-41/41-5705A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A. In order to fulfill the requirements of section 41-5741, the board may enter into lease-to-own transactions for up to a maximum of $200,000,000 in any fiscal year.
B. The board shall not enter into lease-to-own transactions, including any refinancings or refundings, pursuant to this section from and after May 15, 2006.