The Arizona Revised Statutes have been updated to include the revised sections from the 56th Legislature, 1st Regular Session. Please note that the next update of this compilation will not take place until after the conclusion of the 56th Legislature, 2nd Regular Session, which convenes in January 2024.
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This online version of the Arizona Revised Statutes is primarily maintained for legislative drafting purposes and reflects the version of law that is effective on January 1st of the year following the most recent legislative session. The official version of the Arizona Revised Statutes is published by Thomson Reuters.
48-3227 - Powers of board relating to refunding bonds; applicability of certain public finance laws
48-3227. Powers of board relating to refunding bonds; applicability of certain public finance laws
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.