reglab/housing_qa huggingface dataset:
AZ Rev Stat § 5-413 (2021)
2021 Arizona Revised Statutes|Title 5 - Amusements and Sports|§ 5-413 - License classification; requirements

5-413.  License classification;  requirements A. A class A license may be issued to a person for the conduct of bingo games for which the gross receipts do not exceed $75, 000 per year. A class A license shall not be issued to a person who holds a license issued pursuant to title 4 except a club license issued pursuant to section 4-205. For a class A license: 1. Any person may apply as prescribed in this article. 2. The manager,  proceeds coordinator,  supervisor and assistant are not required to be members or new members. 3. The reporting period is one year,  coinciding with the term of the license. B. A class B license may be issued to a qualified organization for the conduct of bingo games for which the gross receipts do not exceed $500, 000 per year. For a class B license: 1. Only a qualified organization may apply. 2. The manager and supervisor shall be members of the licensee. 3. The proceeds coordinator shall be an officer or director and a member of the licensee and is responsible for completion of the required financial report. 4. An assistant shall be a member or new member of the licensee. 5. There are four reporting periods coinciding with the quarters of the term of the license. C. A class C license may be issued to a qualified organization for the conduct of bingo games for which the gross receipts exceed $500, 000 per year. For a class C license: 1. Only a qualified organization may apply. 2. The manager and supervisor shall be members of the licensee. 3. The proceeds coordinator shall be an officer or director and a member of the licensee and is responsible for completion of the required financial report. 4. An assistant shall be a member or new member of the licensee. 5. There are twelve reporting periods coinciding with each month of the term of the license.
AZ Rev Stat § 5-414 (2021)
2021 Arizona Revised Statutes|Title 5 - Amusements and Sports|§ 5-414 - Fees; tax

5-414.  Fees;  tax The following fees and tax shall be assessed as prescribed in this article for the different license classes:  Local Governing License Class Body Fee License Fee Bingo Tax A $ 5.00 $ 10.00 2.5% of adjusted gross receipts B 25.00 50.00 1.5% of gross receipts C 50.00 200.00 2.0% of gross receipts
AZ Rev Stat § 5-415 (2021)
2021 Arizona Revised Statutes|Title 5 - Amusements and Sports|§ 5-415 - Excessive gross receipts; change of license class

5-415.  Excessive gross receipts;  change of license class A. If a licensee's gross receipts exceed the limit set for the licensee's class of license,  the licensee: 1. Shall immediately notify the licensing authority that the limit has been exceeded. 2. Shall submit any additional documents and meet any additional requirements for the new class of license applicable to the level of gross receipts. 3. Shall pay to the licensing authority the fee for the appropriate class of the license less the amount originally submitted for the previous class of the license. 4. Is liable for tax at the rate applicable to the new class of license and shall pay to the licensing authority the tax computed at this higher rate on the gross receipts for the expired portion of the term of the previous license less the taxes previously paid for gross receipts earned during this period. B. The new class of license shall be issued for the remainder of the term of the previous license. At the expiration of this term the licensee may renew its new class of license or apply for another class of license if it has a good faith belief that it will qualify for the other class of license.
AZ Rev Stat § 5-531 (2021)
2021 Arizona Revised Statutes|Title 5 - Amusements and Sports|§ 5-531 - Definitions

5-531.  Definitions In this article,  unless the context otherwise requires: 1. " Bond related expenses"  means any expenses incurred by the director to issue and administer the bonds,  including underwriting fees and costs,  trustee fees,  financial consultant fees,  printing and advertising costs,  paying agent fees,  transfer agent fees,  legal,  accounting,  feasibility consultant and other professional fees and expenses,  bond insurance or other credit enhancements or liquidity facilities,  attorney and accounting fees and expenses related to credit enhancement,  bond insurance or liquidity enhancement,  remarketing fees,  rating agency fees and costs,  travel and telecommunications expenses and all other fees considered necessary by the director in order to market and administer the bonds. 2. " Bond related obligations"  means any agreement or contractual relationship between the director and any bank,  trust company,  insurance company,  surety bonding company,  pension fund or other financial institution providing increased credit on,  or security for,  the bonds or liquidity for secondary market transactions and any agreement to fund or replenish reserves for the bonds. 3. " Bonds"  means any bonds issued pursuant to this article. 4. " Department"  means the department of administration. 5. " Director"  means the director of the department of administration.
AZ Rev Stat § 5-532 (2021)
2021 Arizona Revised Statutes|Title 5 - Amusements and Sports|§ 5-532 - Authorization of state lottery revenue bonds

5-532.  Authorization of state lottery revenue bonds A. The director shall issue state lottery revenue bonds pursuant to this article in an amount sufficient to provide monies to: 1. Deposit in the state general fund by December 31,  2010 an amount of not more than four hundred fifty million dollars. 2. Pay bond related expenses. 3. Pay fees,  charges and expenses incurred with respect to bond related obligations. 4. Fully or partially fund any reserves or sinking accounts for debt service on the bonds established by the bond documents.  B. The director shall authorize the bonds by an appropriate document signed by the director. The bond authorizing document shall prescribe: 1. The fixed or variable rate or rates of interest,  the date or dates on which interest is payable and the denominations of the bonds. 2. The date or dates of the bonds and maturity,  within twenty years after the date of issuance. 3. The form of the bonds. 4. The manner of executing the bonds. 5. The medium and place of payment. 6. The terms of redemption,  which may provide for a premium for early redemption. C. The bonds issued pursuant to this article shall be known as state lottery revenue bonds. D. The director shall notify the joint legislative budget committee of the bond's proposed terms and conditions at least ten days before an initial public offering document is released.
AZ Rev Stat § 5-533 (2021)
2021 Arizona Revised Statutes|Title 5 - Amusements and Sports|§ 5-533 - Issuance and sale of bonds; state lottery revenue bond proceeds fund; use of bond proceeds

5-533.  Issuance and sale of bonds;  state lottery revenue bond proceeds fund;  use of bond proceeds A. The state lottery revenue bonds shall be sold at public or private sale at the price and on the terms prescribed by the director at,  above or below par. The first four hundred fifty million dollars of proceeds received from the issuance of state lottery revenue bonds shall be deposited in the state general fund. B. The state lottery revenue bond proceeds fund is established. Except as provided in subsection A,  the fund shall consist of the net proceeds received from the sale of any state lottery revenue bonds issued by the director pursuant to this article. The department shall administer the fund. C. The director may use monies in the state lottery revenue bond proceeds fund only for the purposes provided in section 5-532,  subsection A,  paragraphs 2,  3 and 4. The monies in the fund are exempt from the provisions of section 35-190 relating to the lapsing of appropriations.
AZ Rev Stat § 5-534 (2021)
2021 Arizona Revised Statutes|Title 5 - Amusements and Sports|§ 5-534 - State lottery revenue bond debt service fund

5-534.  State lottery revenue bond debt service fund A. The state lottery revenue bond debt service fund is established. The fund shall consist of monies transferred pursuant to law. The department shall administer and account for the state lottery revenue bond debt service fund. B. If the director issues state lottery revenue bonds: 1. Amounts distributable to the state general fund from the state lottery fund pursuant to section 5-522 shall be transferred first to the state lottery bond debt service fund until the state lottery bond debt service fund contains monies sufficient to meet all requirements for the current period as required by the bond documents and,  after the requirements for the current period as required by the bond documents have been satisfied,  shall be transferred to the state general fund. 2. After payment of the state lottery operating expenses,  amounts distributable from the state lottery fund pursuant to section 5-572 shall be transferred first to the state lottery bond debt service fund until the state lottery bond debt service fund contains monies sufficient to meet all requirements for the current period as required by the bond documents and,  after the requirements for the current period as required by the bond documents have been satisfied,  shall be transferred in accordance with section 5-572. C. Monies in the state lottery revenue bond debt service fund may be used only for the purposes authorized by this article.
AZ Rev Stat § 5-535 (2021)
2021 Arizona Revised Statutes|Title 5 - Amusements and Sports|§ 5-535 - Securing principal and interest; refunding bonds

5-535.  Securing principal and interest;  refunding bonds A. In connection with issuing state lottery revenue bonds authorized by this article and to secure the principal and interest on the bonds,  the director may: 1. Segregate the state lottery revenue bond debt service fund into one or more accounts and subaccounts and provide that bonds issued under this article may be secured by a lien on all or part of the monies paid into the state lottery revenue bond debt service fund or into any account or subaccount in the fund. 2. Provide that the bonds issued under this article are secured by a first lien on the monies paid into the state lottery revenue bond debt service fund and paid into the state lottery fund to be placed in the state lottery bond debt service fund as provided in this article and pledge and assign to or in trust for the benefit of the holder or holders of the bonds all or part of the monies in the state lottery revenue bond debt service fund,  in any account or subaccount in the state lottery revenue bond debt service fund or in the state lottery revenue bond proceeds fund as is necessary to secure and pay the principal,  the interest and any premium on the bonds as they come due. 3. Establish priorities among bondholders based on criteria adopted by the director. 4. Set aside,  regulate and dispose of reserves and sinking accounts. 5. Prescribe the procedure,  if any,  by which the terms of any contract with bondholders may be amended or abrogated,  the amount of bonds the holders of which must consent to and the manner in which the consent may be given. 6. Provide for payment of bond related expenses from the proceeds of the sale of the bonds or other revenues authorized by this article and available to the director. 7. Provide for the services of trustees,  cotrustees,  agents and consultants and other specialized services with respect to the bonds. 8. Take any other action that in any way may affect the security and protection of the bonds or interest on the bonds. 9. Refund any bonds issued by the director by issuing new bonds,  if these bonds are secured from the same source of revenues as the bonds authorized by this article. 10. Issue bonds partly to refund outstanding bonds and partly for any other purpose consistent with this article. B. If state lottery revenue bonds are issued,  the director shall provide to the state lottery commission a schedule of the amount needed to pay each fiscal year's debt service on outstanding state lottery revenue bonds,  including sinking fund and reserve fund deposits pursuant to the terms of the bonds,  bond related expenses and amounts payable with respect to bond related obligations.
AZ Rev Stat § 5-536 (2021)
2021 Arizona Revised Statutes|Title 5 - Amusements and Sports|§ 5-536 - Lien of pledge

5-536.  Lien of pledge A. Any pledge made under this article in connection with state lottery revenue bonds is valid and binding from the time the pledge is made. B. The monies pledged and received by the state lottery revenue bond debt service fund and by the state lottery fund to be placed in the state lottery revenue bond debt service fund are immediately subject to the lien of the pledge without any future physical delivery or further act. Any lien of any pledge is valid and binding against all parties that have claims of any kind against the state,  regardless of whether the parties have notice of the lien. The official resolution or trust indenture or any instrument by which this pledge is created when adopted by the director,  is notice to all concerned of the creation of the pledge,  and those instruments need not be recorded in any other place to perfect the pledge.
AZ Rev Stat § 5-537 (2021)
2021 Arizona Revised Statutes|Title 5 - Amusements and Sports|§ 5-537 - Bond purchase; cancellation

5-537.  Bond purchase;  cancellation The director may purchase bonds for cancellation out of any monies available for the purchase,  at a price of not more than either of the following: 1. If the bonds are redeemable at the time of the purchase,  the applicable redemption price plus accrued interest to the next interest payment date on the bonds. 2. If the bonds are not redeemable at the time of the purchase,  the applicable redemption price on the first date after the purchase on which the bonds become subject to redemption plus accrued interest to that date.
AZ Rev Stat § 5-538 (2021)
2021 Arizona Revised Statutes|Title 5 - Amusements and Sports|§ 5-538 - Payment of bonds

5-538.  Payment of bonds The state lottery revenue bonds shall be paid solely from monies from the state lottery revenue bond debt service fund established by section 5-534.
AZ Rev Stat § 5-539 (2021)
2021 Arizona Revised Statutes|Title 5 - Amusements and Sports|§ 5-539 - Investment of monies; funds

5-539.  Investment of monies;  funds A. The director may authorize the state treasurer or bond trustee to invest monies in the state lottery revenue bond proceeds fund and the state lottery revenue bond debt service fund. B. The order directing an investment may state a specified time when the monies invested will be used. The state treasurer or bond trustee shall make the investment in such a way as to mature at the specified date. C. All monies earned as interest or otherwise derived from the investment of the monies in the state lottery revenue bond proceeds fund and the state lottery revenue bond debt service fund shall be credited to the state lottery revenue bond debt service fund established by section 5-534. D. At the direction of the director,  the state treasurer or bond trustee may invest or reinvest monies in the state lottery revenue bond proceeds fund and the state lottery revenue bond debt service fund in investments authorized by section 35-313. The purchase of the securities shall be made by the state treasurer or bond trustee on authority of the director. The treasurer or bond trustee shall act as custodian of all securities purchased. The securities may be sold on an order of the director.
AZ Rev Stat § 5-540 (2021)
2021 Arizona Revised Statutes|Title 5 - Amusements and Sports|§ 5-540 - Characteristics of bonds; negotiable; exemption from taxation; obligation; legal investments

5-540.  Characteristics of bonds;  negotiable;  exemption from taxation;  obligation;  legal investments A. State lottery revenue bonds issued under this article are fully negotiable within the meaning and for all purposes of the uniform commercial code,  subject only to any provisions for registration,  regardless of whether the bonds actually constitute negotiable instruments under the uniform commercial code. B. The bonds,  the transfer of the bonds and the income from the bonds are at all times free from taxation in this state. C. State lottery revenue bonds: 1. Are payable only according to their terms. 2. Are not general,  special or other obligations of this state. 3. Do not constitute a debt of this state. 4. Are not enforceable against this state nor is the payment of the bonds enforceable out of any monies other than the revenue pledged and assigned to,  or in trust for the benefit of,  the holder or holders of the bonds. 5. Are securities in which public officers and bodies of this state and of municipalities and political subdivisions of this state,  all companies,  associations and other persons carrying on an insurance business,  all financial institutions,  investment companies and other persons carrying on a banking business,  all fiduciaries and all other persons who are authorized to invest in government obligations may properly and legally invest. 6. Are securities that may be deposited with public officers or bodies of this state and municipalities and political subdivisions of this state for purposes that require the deposit of government bonds or obligations.
AZ Rev Stat § 5-541 (2021)
2021 Arizona Revised Statutes|Title 5 - Amusements and Sports|§ 5-541 - Effect of changing circumstances of bonds; agreement of state

5-541.  Effect of changing circumstances of bonds;  agreement of state A. An amendment of any provision of this article does not diminish or impair the validity of bonds issued under this article or the remedies and rights of bondholders. B. This state pledges to and agrees with the holders of the bonds authorized by this article that this state will not limit,  alter or impair the rights and remedies of the bondholders,  until all bonds issued under this article,  together with interest on the bonds,  interest on any unpaid installments of principal or interest and all costs and expenses in connection with any action or proceedings by or on behalf of the bondholders,  are fully met and discharged. The director,  as agent for this state,  may include this pledge and undertaking in its resolutions and indentures authorizing and securing the bonds.
AZ Rev Stat § 5-542 (2021)
2021 Arizona Revised Statutes|Title 5 - Amusements and Sports|§ 5-542 - Validity of bonds

5-542.  Validity of bonds A. This article constitutes full authority for authorizing and issuing state lottery revenue bonds without reference to any other law of this state. No other law with regard to authorizing or issuing obligations or that in any way impedes or restricts performing the acts authorized by this article may be construed to apply to any proceedings taken or acts done pursuant to this article. B. The validity of bonds issued under this article does not depend on and is not affected by the legality of any proceeding relating to any action relating to application of the proceeds of the bonds. C. The bonds shall recite that they are regularly issued pursuant to this article. That recital constitutes prima facie evidence of the legality and validity of the bonds. From and after the sale and delivery of the bonds,  they are incontestable by the director or this state.
AZ Rev Stat § 5-543 (2021)
2021 Arizona Revised Statutes|Title 5 - Amusements and Sports|§ 5-543 - State officials to comply with agreements

5-543.  State officials to comply with agreements Notwithstanding any other law,  all state officials shall comply with all agreements made by the director with or for the benefit of the owners of its state lottery revenue bonds. The executive director of the state lottery commission shall provide assistance and information as requested by the director of the department of administration to accomplish the purposes of this article and the issuance,  sale and administration of the bonds.
AZ Rev Stat § 5-551 (2021)
2021 Arizona Revised Statutes|Title 5 - Amusements and Sports|§ 5-551 - Definitions

5-551.  Definitions In this chapter,  unless the context otherwise requires: 1. " Commission"  means the Arizona state lottery commission. 2. " Director"  means the executive director of the Arizona state lottery commission. 3. " Lottery"  or " state lottery"  means the lottery created and operated pursuant to this chapter.
AZ Rev Stat § 5-552 (2021)
2021 Arizona Revised Statutes|Title 5 - Amusements and Sports|§ 5-552 - Arizona state lottery commission; membership; appointment; term; chairman; removal; reimbursement of expenses

5-552.  Arizona state lottery commission;  membership;  appointment;  term;  chairman;  removal;  reimbursement of expenses A. There is established the Arizona state lottery commission consisting of five members who shall be citizens and residents of this state and appointed by the governor pursuant to section 38-211. No more than three members may be from the same political party. The term of members appointed to the commission is five years. The commission members shall annually elect one of the members to serve as chairman of the commission. B. At least one member of the commission shall have a minimum of five years' experience in law enforcement. C. At least one member of the commission shall have a minimum of five years' experience as a certified public accountant. D. At least one member of the commission shall have a minimum of five years' experience in marketing or advertising,  or both. E. At least one member of the commission shall have a minimum of five years' experience in convenience store,  minimart or grocery retailing. F. Any member of the commission may be removed from office by the governor for cause upon notice and opportunity to be heard at a public hearing. G. Members of the commission are eligible to receive compensation pursuant to section 38-611. H. The commission shall hold at least one meeting each quarter. I. No commission member may have a pecuniary interest in any contract or agreement to which the commission is a party. J. No action of the commission is binding unless taken at a meeting with at least three members present voting in favor of the action in question.
AZ Rev Stat § 5-553 (2021)
2021 Arizona Revised Statutes|Title 5 - Amusements and Sports|§ 5-553 - Executive director; appointment

5-553.  Executive director;  appointment A. An executive director appointed by the governor pursuant to section 38-211 shall exercise immediate supervision over the lottery. The director shall be a person qualified by training and experience to administer the state lottery. The director shall be appointed by the governor and shall serve at the pleasure of the governor. B. The director shall devote his entire time and attention to the administration of the state lottery and shall not be engaged in any other profession or occupation. The director is eligible to receive compensation pursuant to section 38-611.