Arizona Laws 48-3168. Tax lien for payment of bonds as superior to mortgage lien
Current as of: 2024 | Check for updates
|
Other versions
Nothing contained in this article shall be construed to subordinate a tax lien for the payment of the principal or interest of district bonds in favor of a lien created under this article, but a district tax lien for the payment of principal and interest of outstanding district bonds shall remain in full force and effect until the principal of the bonds and the interest thereon is fully satisfied.
Terms Used In Arizona Laws 48-3168
- Lien: A claim against real or personal property in satisfaction of a debt.