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Code · Arizona · Title 41 — Public Resources

41-5790. Investment of monies in school improvement revenue bond debt service fund

61 words·~1 min read·/az/title-41/41-5790

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

A. The board may authorize the state treasurer or bond trustee to invest and reinvest any monies in the school improvement revenue bond debt service fund as provided by section 41-5791.
B. All monies earned as interest or otherwise derived from the investment of the monies in the school improvement revenue bond debt service fund shall be credited to that fund.
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