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2017 Arizona Revised Statutes
Title 30 - Power
§ 30-222 Prerequisites to issuance
Universal Citation: AZ Rev Stat § 30-222 (2017)
30-222. Prerequisites to issuance
No revenue bonds shall be issued until provision is made by power or transmission purchase contracts in accordance with the provisions of this chapter adequate in the judgment of the authority to insure all necessary fiscal reserves, operation costs, maintenance and depreciation charges and payment of principal and interest of any bonds relating to any proposed project or facility involved and within the time fixed.
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