2016 Arizona Revised Statutes
Title 15 - Education
§ 15-2090 Investment of monies in the school improvement revenue bond debt service fund
15-2090. Investment of monies in the school improvement revenue bond debt service fund
A. The school facilities board may authorize the state treasurer or bond trustee to invest and reinvest any monies in the school improvement revenue bond debt service fund as provided by section 15-2091.
B. All monies earned as interest or otherwise derived from the investment of the monies in the school improvement revenue bond debt service fund shall be credited to that fund.
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