2017 Arizona Revised Statutes
Title 48 - Special Taxing Districts
§ 48-1602 Validity of liabilities incurred in excess of express authority

Universal Citation: AZ Rev Stat § 48-1602 (2017)

48-1602. Validity of liabilities incurred in excess of express authority

The board of directors or other officers of the district may not incur any debt or liability by issuing bonds or otherwise in excess of the express provisions of this chapter, and any debt or liability incurred in excess of such provisions shall be void.

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.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.