Ariz. Rev. Stat. § 48-6279

Current through L. 2024, ch. 259
Section 48-6279 - Payment of bonds
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.

A.R.S. § 48-6279

Repealed from and after 12/31/2008, if the board of directors fails to issue bonds pursuant to that article by that date.