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Code · Arizona · Title 48 — Special Taxing Districts

48-1069. Unlawful interest in real property by board member or employee; violation; classification

53 words·~1 min read·/az/title-48/48-1069

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

A. A member of the board of directors or an employee of the district shall not have any direct or indirect financial interest in any real property purchased with monies derived from the issuance of bonds by the district.
B. A person who violates this section is guilty of a class 2 misdemeanor.
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