2017 Arizona Revised Statutes
Title 41 - State Government
§ 41-3022.19 Water infrastructure finance authority; termination July 1, 2022
41-3022.19. Water infrastructure finance authority; termination July 1, 2022
A. The water infrastructure finance authority terminates on July 1, 2022.
B. Title 49, chapter 8, articles 1 and 3 and sections 49-1224, 49-1225, 49-1226, 49-1244, 49-1245, 49-1246, 49-1261, 49-1262, 49-1263, 49-1264, 49-1265, 49-1266, 49-1267, 49-1268 and 49-1269 are repealed on January 1, 2023, if the authority:
1. Has no outstanding contractual obligations with the United States or any United States agency.
2. Has no debts, obligations or guarantees that were issued for the purposes of title 49, chapter 8.
3. Has otherwise provided for paying or retiring such debts or obligations.
C. If any debt or obligation listed in subsection B of this section exists and no satisfactory provision has been made to pay or retire the debt or obligation, the authority and statutes continue in existence until the debt or obligation is fully satisfied.
