48-3219.03. Disposition of proceeds and other monies
56 words·~1 min read·
/az/title-48/48-3219-03A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
All proceeds received from the sale of the bonds, all fees, rental or other charges received by the district from any undertaking financed by the bonds and all monies received from any source in connection with the bonds shall be used, applied and disposed of as the board determines by its bond resolution or trust agreement.