48-3227. Powers of board relating to refunding bonds; applicability of certain public finance laws
110 words·~1 min read·
/az/title-48/48-3227A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A. The board of directors shall, with respect to the issuance of refunding bonds, have full power and authority in all matters not set forth in this article to make all necessary provisions, rules and regulations, and to fix times, methods and procedure, and to take any and all steps necessary and proper for the issuance, effectuation, validity, sale and delivery of refunding bonds.
B. The provisions of articles 3, 4 and 5, chapter 3 of title 35 relating to public finance and county and municipal bonds, so far as applicable and not in conflict with this article, shall apply to refunding bonds and refunding bond procedure of irrigation districts.