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2022 Arizona Revised Statutes
Title 41 - State Government
§ 41-5705 - Lease-to-own amount; expiration
Universal Citation: AZ Rev Stat § 41-5705 (2022)
41-5705. Lease-to-own amount; expiration
A. In order to fulfill the requirements of section 41-5741, the board may enter into lease-to-own transactions for up to a maximum of $200, 000, 000 in any fiscal year.
B. The board shall not enter into lease-to-own transactions, including any refinancings or refundings, pursuant to this section from and after May 15, 2006.
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