§ 41-5781 Authorization of state school improvement revenue bonds; expiration
§ 41-5782 Issuance and sale of school improvement revenue bonds
§ 41-5783 School improvement revenue bond proceeds fund; use for school improvements
§ 41-5784 School improvement revenue bond debt service fund
§ 41-5785 Securing principal and interest
§ 41-5786 Lien of pledge
§ 41-5787 Bond purchase; cancellation
§ 41-5788 Payment of revenue bonds
§ 41-5789 Investment of monies in school improvement revenue bond proceeds fund
§ 41-5790 Investment of monies in school improvement revenue bond debt service fund
§ 41-5791 Authorized investments of fund monies
§ 41-5792 Characteristics of bonds; negotiable; exemption from taxation; obligation; legal investments
§ 41-5793 Effect of changing circumstances on bonds; agreement of state
§ 41-5794 Validity of bonds; certification by attorney general
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Terms Used In Arizona Laws > Title 41 > Chapter 56 > Article 7 - State School Improvement 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.
  • 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.
  • 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.