5-869. Payment of bonds A. The bonds shall be paid solely from monies in the debt service account. B. Neither the members of the board nor any person executing the bonds is personally liable for the payment of the bonds. C. The treasurer or fiscal agent of the authority shall cancel all bonds when paid.
‹ Prev All Arizona sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.