Arizona Revised Statutes § 48-634 Sale Of Bonds; Disposition Of Proceeds

48-634. Sale of bonds; disposition of proceeds

The bonds may be issued and sold by the governing body as it may determine at public or private sale or by an on-line bidding process, but for not less than par. The proceeds shall be placed in the treasury to the credit of a fund to be applied exclusively to the purposes and objects prescribed by this article.

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Last modified: October 13, 2016