Arizona Laws 15-1687. Enforcement of contract
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The provisions of this article and of any resolution or other proceeding authorizing the issuance of bonds shall constitute a contract with the holders of such bonds and the provisions thereof shall be enforceable either in law or in equity, by suit, action, mandamus or other proceeding in any court of competent jurisdiction to enforce and compel the performance of all duties required by this article, and by any resolution authorizing the issuance of bonds adopted responsive hereto.
Terms Used In Arizona Laws 15-1687
- Action: includes any matter or proceeding in a court, civil or criminal. See Arizona Laws 1-215
- Bonds: means any bonds issued pursuant to this article. See Arizona Laws 15-1681
- Contract: A legal written agreement that becomes binding when signed.
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.