Arizona Laws 35-472. Form and contents of bonds; payment of principal and interest
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A. The refunding bonds shall be negotiable in form, executed in the name of the county, school district, city or town or similar municipal corporation, signed by the chairman of the governing board or body, countersigned by the county or municipal treasurer, sealed with the seal of the county or municipality and attested by the clerk.
Terms Used In Arizona Laws 35-472
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
B. The principal and interest of the bonds shall be payable at the office of the county or municipal treasurer or at such other place as designated in the bonds and coupons, at the option of the holder.