§ 41-5751 Authorization of state school facilities revenue bonds
§ 41-5752 Issuance and sale of revenue bonds
§ 41-5753 School facilities revenue bond proceeds fund; use for new school facilities
§ 41-5754 School facilities revenue bond debt service fund
§ 41-5755 Securing principal and interest
§ 41-5756 Lien of pledge
§ 41-5757 Bond purchase; cancellation
§ 41-5758 Payment of revenue bonds
§ 41-5759 Investment of monies in school facilities revenue bond proceeds fund
§ 41-5760 Investment of monies in school facilities revenue bond debt service fund
§ 41-5761 Authorized investments of fund monies
§ 41-5762 Characteristics of bonds; negotiable; exemption from taxation; obligation; legal investments
§ 41-5763 Effect of changing circumstances on bonds; agreement of state
§ 41-5764 Validity of bonds; certification by attorney general
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Terms Used In Arizona Laws > Title 41 > Chapter 56 > Article 6 - State School Facilities Revenue Bonds

  • Action: includes any matter or proceeding in a court, civil or criminal. See Arizona Laws 1-215
  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Board: means the school facilities oversight board. See Arizona Laws 41-5701
  • Contract: A legal written agreement that becomes binding when signed.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • including: means not limited to and is not a term of exclusion. See Arizona Laws 1-215
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Trustee: A person or institution holding and administering property in trust.
  • Uniform Commercial Code: A set of statutes enacted by the various states to provide consistency among the states' commercial laws. It includes negotiable instruments, sales, stock transfers, trust and warehouse receipts, and bills of lading. Source: OCC
  • United States: includes the District of Columbia and the territories. See Arizona Laws 1-215
  • Variable Rate: Having a "variable" rate means that the APR changes from time to time based on fluctuations in an external rate, normally the Prime Rate. This external rate is known as the "index." If the index changes, the variable rate normally changes. Also see Fixed Rate.