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.
A. If written notice to the members of the joint powers airport authority is given at least thirty days before an operating budget must be adopted, any member of the airport authority may withdraw from membership in the airport authority both:
1. For any reason specified in the agreement described in section 28-8521.
2. On final payment of its pro rata budget allocation for the airport authority's current fiscal year and its pro rata share of any outstanding obligations of the airport authority to which the withdrawing member has obligated itself.
B. Withdrawal from membership is effective on the date specified in the agreement described in section 28-8521, if any, but not later than the thirtieth day before an operating budget must be adopted.
C. Any obligations of the withdrawing member remain outstanding until fully paid and satisfied.