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2012 Arizona Revised Statutes
Title 15 Education
15-2006 Lease‑to‑own amount; expiration


AZ Rev Stat § 15-2006 (through 2nd Reg Sess. 50th Leg. 2012) What's This?

15-2006. Lease-to-own amount; expiration

A. In order to fulfill the requirements of section 15-2041, the school facilities board may enter into lease-to-own transactions for up to a maximum of two hundred million dollars in any fiscal year.

B. The school facilities board shall not enter into lease-to-own transactions, including any refinancings or refundings, pursuant to this section from and after May 15, 2006.

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