§ 48-1811 Financial powers of district; limitation; definition
§ 48-1812 Revenue bonds
§ 48-1813 Terms, conditions and forms of bonds
§ 48-1814 Resolution and trust agreements; adoption
§ 48-1815 Bond agreements; covenants
§ 48-1816 Sale of bonds
§ 48-1817 Refunding bonds
§ 48-1818 Purchase of bonds by the district
§ 48-1819 Validity of bonds; nonliability of officers and directors
§ 48-1820 Bonds as legal investments
§ 48-1821 Federal income tax considerations
§ 48-1822 Application of bond proceeds

Terms Used In Arizona Laws > Title 48 > Chapter 12 > Article 5 - Revenue Bonds

  • Contract: A legal written agreement that becomes binding when signed.
  • 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.
  • including: means not limited to and is not a term of exclusion. See Arizona Laws 1-215
  • Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. Source: OCC
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • 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.
  • Property: includes both real and personal property. See Arizona Laws 1-215
  • revenues: means all income and profits received by a district from all sales of electrical power and energy to its customers, all investment income received on that income and profits and on revenue bond proceeds but does not include any income or monies derived from taxes or assessments authorized by this chapter or the proceeds or investment income of any bonds issued as prescribed by article 4 of this chapter. See Arizona Laws 48-1811
  • 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