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Arizona Arizona Revised Statutes

§ 5-1169 — Bond purchase for cancellation

ARS § 5-1169Title 5. Amusements and Sports · Ch. 9. SPORTS AUTHORITY DISTRICT · Art. 3. Revenue Bonds

Statute text

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5-1169. Bond purchase for cancellation (Conditionally Rpld.) The authority board may purchase bonds for cancellation, using any available monies, at a price not exceeding the following: 1. If the bonds are redeemable at the time of purchase, the applicable redemption price plus accrued interest to the next interest payment date. 2. If the bonds are not redeemable at the time of purchase, the applicable redemption price on the first date after purchase on which the bonds become subject to redemption plus accrued interest to that date.

Source: Arizona Arizona Revised Statutes § 5-1169 from the Arizona Revised Statutes (Arizona State Legislature) (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.