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Arizona Arizona Revised Statutes

§ 5-1465 — Bond proceeds account

ARS § 5-1465Title 5. Amusements and Sports · Ch. 12. SOUTHERN ARIZONA SPORTS, TOURISM AND FILM AUTHORITY · Art. 3. Revenue Bonds

Statute text

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5-1465. Bond proceeds account A. If the authority issues bonds under this article, the board shall establish a bond proceeds account within the general fund consisting of monies received from the sale of the bonds. B. The board may use monies in the bond proceeds account only for authority purposes in the manner prescribed by this chapter. C. The authority's fiscal agent shall administer and account for the bond proceeds account.

Source: Arizona Arizona Revised Statutes § 5-1465 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.