Arizona Code § 17-293

Unlawful interest in real property by commission member; violation; classification
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17-293. Unlawful interest in real property by commission member; violation; classification
A. A member of the commission shall not have any direct or indirect financial interest in any real property purchased with monies made available by the issuance of bonds.
B. A person who violates subsection A is guilty of a class 2 misdemeanor.

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