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Code · Arizona · Title 48 — Special Taxing Districts

48-3203. Authorization of expenditures from proceeds of certified bonds by state certification board

56 words·~1 min read·/az/title-48/48-3203

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

When the bonds of a district have been certified as provided by sections 48-3202 through 48-3204, no expenditure of any kind shall be made from the proceeds thereof without the consent of the state certification board, and no obligation shall be incurred which is payable from such proceeds without previous authorization of the state certification board.
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