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.
DISCLAIMER
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.
35-903 - Arizona finance authority designated as state registry; fee
35-903. Arizona finance authority designated as state registry; fee
A. The Arizona finance authority is designated as the exclusive state registry for:
1. Requests.
2. Recordation of confirmations, whether outstanding or lapsed.
3. Certificates of closing.
4. Recordation of all requests for carry-forward amounts for specific projects.
5. Other records required for the administration of this chapter.
B. The authority shall develop and maintain separate lists for urban cities, nonurban areas, statewide uses and the aggregate for all categories that summarize all information received pursuant to subsection A of this section.
C. Requests and confirmations adopted or issued under this chapter shall be dated and numbered by the director in the order received and issued, and each item shall be independently entered on the proper list. Each list shall be composed in a manner sufficient to show, at any time:
1. The dollar amount of confirmations outstanding and not then lapsed.
2. The dollar amount of the remaining allocation then available.
3. The amount of confirmations actually closed.
D. The authority may assess an application fee for processing the requests.