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.
9-623 - Certification of satisfaction of annual obligations
9-623. Certification of satisfaction of annual obligations
A. In any year that a scheduled payment is due as stated in the certification of completion of construction from monies in the special fund established by the eligible city for receipt of distributions from the Arizona convention center development fund, on receiving distributions from the Arizona convention center development fund, the chief financial officer shall deposit into the appropriate account a sufficient amount from those distributions to make any scheduled payments or deposits for the current fiscal year.
B. The chief financial officer shall certify to the state treasurer the satisfaction of the annual obligations on depositing into the appropriate funds or accounts sufficient monies to make any scheduled payments or deposits for the current fiscal year.