There is a newer version of the Arizona Revised Statutes
2010 Arizona Revised Statutes
Title 35 - Public Finances
35-465.03 Limitations on issuance of notes
35-465.03. Limitations on issuance of notes The amount of such notes issued by such taxing district in any fiscal year shall not exceed ninety per cent of the aggregate of all uncollected taxes estimated to be received by the district for the fiscal year as shown by the current budget. |
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