2016 Arizona Revised Statutes
Title 48 - Special Taxing Districts
§ 48-3200 Certified bonds as legal investment for savings bank or as security for public funds
48-3200. Certified bonds as legal investment for savings bank or as security for public funds
Bonds certified in accordance with the provisions of sections 48-3201 through 48-3205 shall be legal investments for funds of savings banks transacting business within the state, and may be deposited to secure public funds in the state. No savings bank in the state shall invest any of its funds in bonds of an irrigation district not certified, nor shall irrigation district bonds not so certified be available to secure public funds.
Disclaimer: These codes may not be the most recent version. Arizona may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
