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2022 Arizona Revised Statutes
Title 9 - Cities and Towns
§ 9-534 - Certification of bonds by attorney general
Universal Citation:
AZ Rev Stat § 9-534 (2022)
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9-534. Certification of bonds by attorney general
A. A municipality may submit to the attorney general bonds to be issued under this article after all proceedings for their issuance have been taken, and thereupon it shall be the duty of the attorney general to examine the bonds and pass upon the validity thereof and the regularity of the proceedings authorizing their issuance.
B. If such proceedings conform to the provisions of this article, and the bonds when delivered and paid for will constitute binding and legal obligations of the municipality according to the terms thereof, the attorney general shall certify in substance upon the back of each bond that it is issued in accordance with the constitution and laws of this state.
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