Learn More
Log In
Sign Up
Ariz. Rev. Stat. § 48-6279 – Payment of bonds | Midpage
Collections
Arizona Revised Statutes
Title 48
Chapter 36
Article 4
§ 48-6279
Ariz. Rev. Stat. § 48-6279
Payment of bonds
(Conditionally Rpld.)
A. The bonds shall be paid solely from monies in the debt service account.
B. The members of the board and any persons who execute the bonds are not personally liable for the payment of the bonds.
C. The fiscal agent of the district shall cancel all bonds when paid.