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2017 Arizona Revised Statutes
Title 35 - Public Finances
§ 35-466.01 Grant anticipation notes
Universal Citation: AZ Rev Stat § 35-466.01 (2017)
35-466.01. Grant anticipation notes
After any issuer has entered into one or more grant agreements, its governing body may issue and sell grant anticipation notes, the principal and interest on which are to be paid solely from the grant revenues to be received under the terms of such grant agreement or agreements. The governing body may also issue grant anticipation notes to refund grant anticipation notes previously issued.
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