2016 Arizona Revised Statutes
Title 48 - Special Taxing Districts
§ 48-3168 Tax lien for payment of bonds as superior to mortgage lien

AZ Rev Stat § 48-3168 (2016) What's This?

48-3168. Tax lien for payment of bonds as superior to mortgage lien

Nothing contained in this article shall be construed to subordinate a tax lien for the payment of the principal or interest of district bonds in favor of a lien created under this article, but a district tax lien for the payment of principal and interest of outstanding district bonds shall remain in full force and effect until the principal of the bonds and the interest thereon is fully satisfied.

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