2016 Arizona Revised Statutes
Title 35 - Public Finances
§ 35-423 Interest coupons

AZ Rev Stat § 35-423 (2016) What's This?

35-423. Interest coupons

A. Coupons for interest shall be attached to each bond, shall be consecutively numbered and bear the same number as the bond to which it is attached, shall bear the facsimile signature of the state treasurer and shall cover the interest expressed in the bond from the date of issue until paid.

B. Bonds shall not bear interest, nor shall interest be paid thereon, for any time before they are delivered to the purchaser.

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