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Code · Arizona · Title 48 — Special Taxing Districts

48-1913. Limit of bonded indebtedness

33 words·~1 min read·/az/title-48/48-1913

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

No hospital district shall incur a bonded indebtedness exceeding ten per cent of the assessed value of all taxable property in the district as shown by the last assessment roll of the county.
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