48-2217. Limit of bonded indebtedness
34 words·~1 min read·
/az/title-48/48-2217A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
No health service district shall incur a bonded indebtedness exceeding five per cent of the assessed value of all taxable property in the district as shown by the last assessment roll of the county.