Arizona Laws 36-1414. Certification of bonds by attorney general
A. A public housing authority, city, town or county may submit to the attorney general any bonds to be issued under this article after all proceedings for issuance of the bonds have been taken. On submission of the proceedings to the attorney general, the attorney general shall examine and determine the validity of the bonds and the regularity of all connected proceedings.
Terms Used In Arizona Laws 36-1414
- Bonds: means bonds, notes, interim certificates, debentures or other obligations issued by a public housing authority, city, town or county pursuant to this article. See Arizona Laws 36-1401
- housing authority: means an agency of a city, town or county created and controlled pursuant to this article. See Arizona Laws 36-1401
B. If the proceedings conform to this article and are otherwise regular in form, and if the bonds when delivered and paid for will constitute binding and legal obligations of the public housing authority, city, town or county enforceable according to the terms of the bonds, the attorney general shall certify in substance on the back of each of the bonds that it is issued in accordance with the constitution and laws of the state.