§ 41-5351 Definitions
§ 41-5352 Arizona finance authority; fund
§ 41-5353 Board; members; terms; meetings; compensation; prohibition
§ 41-5354 Powers of board
§ 41-5355 Assets; cost of operation and administration; taxation
§ 41-5356 Duties of board; advisory board; annual report; board termination
§ 41-5357 Supplemental law

Terms Used In Arizona Laws > Title 41 > Chapter 53 > Article 2

  • Action: includes any matter or proceeding in a court, civil or criminal. See Arizona Laws 1-215
  • Agreement: means any loan or other agreement, contract, note, mortgage, deed of trust, trust indenture, lease, sublease or instrument entered into by the authority. See Arizona Laws 41-5351
  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Authority: means the Arizona finance authority. See Arizona Laws 41-5351
  • Board: means the board of directors of the authority. See Arizona Laws 41-5351
  • Bonds: means any bonds issued by the authority. See Arizona Laws 41-5351
  • Contract: A legal written agreement that becomes binding when signed.
  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Director: means the director of the authority. See Arizona Laws 41-5351
  • Executive session: A portion of the Senate's daily session in which it considers executive business.
  • Federal agency: means the United States or any agency or agencies of the United States. See Arizona Laws 41-5351
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • Guarantor: A party who agrees to be responsible for the payment of another party's debts should that party default. Source: OCC
  • including: means not limited to and is not a term of exclusion. See Arizona Laws 1-215
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Office: means the office of economic opportunity. See Arizona Laws 41-5301
  • Population: means the population according to the most recent United States decennial census. See Arizona Laws 1-215
  • Property: includes both real and personal property. See Arizona Laws 1-215
  • Public law: A public bill or joint resolution that has passed both chambers and been enacted into law. Public laws have general applicability nationwide.
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
  • United States: includes the District of Columbia and the territories. See Arizona Laws 1-215