reglab/housing_qa huggingface dataset:
AZ Rev Stat § 49-1224 (2021)
2021 Arizona Revised Statutes|Title 49 - The Environment|§ 49-1224 - Clean water revolving fund financial assistance; procedures; rules

49-1224.  Clean water revolving fund financial assistance;  procedures;  rules A. In compliance with any applicable requirements,  a political subdivision may apply to the authority for,  accept and incur indebtedness as a result of a loan,  or other financial assistance under section 49-1223,  subsection A,  paragraphs 1,  2 and 3,  from the clean water revolving fund to support a wastewater treatment facility or nonpoint source project owned by the political subdivision. An Indian tribe may apply to the authority for,  accept and incur indebtedness as a result of a loan or refinancing under section 49-1223,  subsection A,  paragraphs 1 and 2 from the clean water revolving fund to support a wastewater treatment facility or nonpoint source project owned by the Indian tribe. To qualify for financial assistance under this section the wastewater treatment facility or nonpoint source project must appear on this state's priority list pursuant to section 212 of the clean water act. B. In compliance with any applicable requirements,  the board shall: 1. Prescribe a simplified form and procedure to apply for and approve assistance. 2. Establish by rule criteria by which assistance will be awarded,  including requirements for local participation in project costs,  if deemed advisable. The criteria shall include a determination of the ability of the applicant to repay a loan according to the terms and conditions established by this section. At the option of the board,  the existence of a current investment grade rating on existing debt of the applicant that is secured by the same revenues to be pledged to secure repayment under the loan repayment agreement constitutes evidence regarding ability to repay a loan. 3. Determine the order and priority of projects assisted under this section based on the merits of the application with respect to water quality issues. C. The authority shall review on its merits each application received and shall inform the applicant of the board's determination within ninety days after receipt of a complete and correct application. If the application is not approved,  the board shall notify the applicant,  stating the reasons. If the application is approved,  the board may condition the approval on assurances the board deems necessary to ensure that the financial assistance will be used according to law and the terms of the application.
AZ Rev Stat § 49-1226 (2021)
2021 Arizona Revised Statutes|Title 49 - The Environment|§ 49-1226 - Enforcement; attorney general

49-1226.  Enforcement;  attorney general The attorney general may take actions necessary to enforce the loan contract and achieve repayment of loans provided by the authority pursuant to sections 49-1224 and 49-1225.
AZ Rev Stat § 49-1241 (2021)
2021 Arizona Revised Statutes|Title 49 - The Environment|§ 49-1241 - Drinking water revolving fund

49-1241.  Drinking water revolving fund A. The drinking water revolving fund is established to be maintained in perpetuity consisting of: 1. Monies appropriated by the legislature for the drinking water revolving fund. 2. Monies received for that purpose from the United States government,  including capitalization grants. 3. Monies received from the issuance and sale of bonds under section 49-1261. 4. Monies received from drinking water facilities as loan repayment,  interest and penalties. 5. Interest and other income received from investing monies in the fund. 6. Gifts,  grants and donations received for that purpose from any public or private source. B. Monies in the fund are continuously appropriated and are exempt from the provisions of section 35-190 relating to lapsing of appropriations.
AZ Rev Stat § 49-1242 (2021)
2021 Arizona Revised Statutes|Title 49 - The Environment|§ 49-1242 - Drinking water revolving fund; administration; capitalization grant transfer account

49-1242.  Drinking water revolving fund;  administration;  capitalization grant transfer account A. The drinking water revolving fund is established. The board shall administer the fund pursuant to rule and in compliance with this article and the safe drinking water act. B. On notice from the board,  the state treasurer shall invest and divest monies in the fund as provided by section 35-313,  and monies earned from investment shall be credited to the fund. C. The board shall use the monies and other assets in the fund solely for the purposes authorized by this article. D. The board shall establish a capitalization grant transfer account and as many other accounts and subaccounts as required to administer the drinking water revolving fund and any other fund administered by the board.
AZ Rev Stat § 49-1243 (2021)
2021 Arizona Revised Statutes|Title 49 - The Environment|§ 49-1243 - Drinking water revolving fund; purposes; capitalization grants

49-1243.  Drinking water revolving fund;  purposes;  capitalization grants A. Monies in the drinking water revolving fund may be used for the following purposes: 1. Making drinking water facility loans including forgivable principal to political subdivisions of this state,  Indian tribes under section 49-1245 and other eligible entities as determined by the board pursuant to the safe drinking water act. 2. Making drinking water facility loans under section 49-1244. 3. Purchasing or refinancing debt obligations of drinking water facilities at or below market rate if the debt obligation was issued after July 1,  1993 for the purpose of constructing,  acquiring or improving drinking water facilities. 4. Providing financial assistance to drinking water facilities to purchase insurance for local drinking water facility bond obligations. 5. Paying the costs to administer the fund but not more than four per cent of the aggregate of federal capitalization grants may be used to pay these costs. Monies from other sources may be used without limit to pay these costs. 6. Funding other programs that are authorized pursuant to the safe drinking water act. 7. Providing linked deposit guarantees through third party lenders by depositing monies with the lender on the condition that the lender make a loan on terms approved by the board,  at a rate of return on the deposit approved by the board and the state treasurer and by giving the lender recourse against the deposit of loan repayments that are not made when due. B. If the monies pledged to secure water quality bonds become insufficient to pay the principal and interest on the water quality bonds guaranteed by the drinking water revolving fund,  the board shall direct the state treasurer to liquidate securities in the fund as may be necessary and shall apply those proceeds to make current all payments then due on the bonds. The state treasurer shall immediately notify the attorney general and auditor general of the insufficiency. The auditor general shall audit the circumstances surrounding the depletion of the fund and report the findings to the attorney general. The attorney general shall conduct an investigation and report those findings to the governor and the legislature. C. All proceeds of capitalization grants received from the United States pursuant to the safe drinking water act shall be deposited in the capitalization grant transfer account and shall be used solely to make loans to drinking water facilities to construct,  acquire,  restore or rebuild these facilities,  to purchase bond insurance or for any other purpose permitted by the safe drinking water act. All principal received on loan repayments made by borrowers under this section shall be deposited in the drinking water revolving fund and shall be invested,  used to provide financial assistance or used to support the administration of the fund subject to the limits defined in the safe drinking water act.
AZ Rev Stat § 49-1244 (2021)
2021 Arizona Revised Statutes|Title 49 - The Environment|§ 49-1244 - Drinking water revolving fund financial assistance; procedures

49-1244.  Drinking water revolving fund financial assistance;  procedures A. In compliance with any applicable requirements,  a drinking water facility may apply to the authority for and accept and incur indebtedness as a result of a loan or any other financial assistance pursuant to section 49-1243,  subsection A,  paragraphs 2,  3 and 4 from the drinking water revolving fund to construct,  acquire or improve a drinking water facility. To qualify for financial assistance pursuant to this section,  the drinking water facility must appear on this state's priority list pursuant to the safe drinking water act. B. In compliance with any applicable requirements,  the board shall: 1. Prescribe a simplified form and procedure to apply for and approve assistance. 2. Establish by rule criteria by which assistance will be awarded,  including requirements for local participation in project costs,  if deemed advisable. The criteria shall include a determination of the ability of the applicant to repay a loan according to the terms and conditions established by this section. At the option of the board,  the existence of a current investment grade rating on existing debt of the applicant that is secured by the same revenues to be pledged to secure repayment under the loan repayment agreement constitutes evidence regarding ability to repay a loan. 3. Determine the order and priority of projects assisted under this section based on the merits of the application with respect to water quality issues. C. The authority shall review on its merits each application received and shall inform the applicant of the board's determination within ninety days after receipt of a complete and correct application. If the application is not approved,  the board shall notify the applicant,  stating the reasons. If the application is approved,  the board may condition the approval on assurances the board deems necessary to ensure that the financial assistance will be used according to law and the terms of the application.
AZ Rev Stat § 49-1246 (2021)
2021 Arizona Revised Statutes|Title 49 - The Environment|§ 49-1246 - Enforcement; attorney general

49-1246.  Enforcement;  attorney general The attorney general may take actions necessary to enforce the loan contract and achieve repayment of loans provided by the authority pursuant to sections 49-1244 and 49-1245.
AZ Rev Stat § 49-1262 (2021)
2021 Arizona Revised Statutes|Title 49 - The Environment|§ 49-1262 - Water quality bonds; purpose

49-1262.  Water quality bonds;  purpose A. Water quality bonds may be issued to provide financial assistance,  to provide matching state monies for the clean water revolving fund and the drinking water revolving fund,  to increase the capitalization of the clean water revolving fund and to increase the capitalization of the drinking water revolving fund to accomplish the purposes stated in sections 49-1223 and 49-1243. These bonds may be secured by any monies received or to be received in the clean water revolving fund and the drinking water revolving fund. Amounts in the clean water revolving fund may be used to cure defaults on loans made from the drinking water revolving fund and amounts in the drinking water revolving fund may be used to cure defaults on loans made from the clean water revolving fund to the extent permitted by applicable federal law. B. Any pledge made under this article is valid and binding from the time when the pledge is made. The monies pledged and received to be placed in the appropriate fund are immediately subject to the lien of the pledge without any future physical delivery or further act,  and any such lien of any pledge is valid or binding against all parties having claims of any kind in tort,  contract or otherwise against the board 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 placed in the board's records,  is notice to all concerned of the creation of the pledge,  and those instruments need not be recorded in any other place. C. The bonds issued under this section,  their transfer and the income they produce are exempt from taxation by this state or by any political subdivision of this state.
AZ Rev Stat § 49-1263 (2021)
2021 Arizona Revised Statutes|Title 49 - The Environment|§ 49-1263 - Bond obligations of the authority

49-1263.  Bond obligations of the authority Bonds issued under this article are obligations of the water infrastructure finance authority of Arizona,  are payable only according to their terms and are not obligations general,  special or otherwise of this state. The bonds do not constitute a legal debt of this state and are not enforceable against this state. Payment of the bonds is not enforceable out of any state monies other than the income and revenue pledged and assigned to,  or in trust for the benefit of,  the holder or holders of the bonds.
AZ Rev Stat § 49-1264 (2021)
2021 Arizona Revised Statutes|Title 49 - The Environment|§ 49-1264 - Certification of bonds by attorney general

49-1264.  Certification of bonds by attorney general The board may submit any water quality bonds issued under this article to the attorney general after all proceedings for their authorization have been completed. On submission the attorney general shall examine and pass on the validity of the bonds and the regularity of the proceedings. If the proceedings comply with this article,  and if the attorney general determines that,  when delivered and paid for,  the bonds will constitute binding and legal obligations of the board,  the attorney general shall certify on the back of each bond,  in substance,  that it is issued according to the constitution and laws of this state.
AZ Rev Stat § 49-1265 (2021)
2021 Arizona Revised Statutes|Title 49 - The Environment|§ 49-1265 - Water quality bonds as legal investments

49-1265.  Water quality bonds as legal investments Water quality bonds issued under this article 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 obligations of this state may properly and legally invest. The bonds are also 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 state bonds or obligations.
AZ Rev Stat § 49-1266 (2021)
2021 Arizona Revised Statutes|Title 49 - The Environment|§ 49-1266 - Agreement of state

49-1266.  Agreement of state This state pledges to and agrees with the holders of the bonds that this state will not limit or alter the rights vested in the water infrastructure finance authority of Arizona or any successor agency to collect the monies necessary to produce sufficient revenue to fulfill the terms of any agreements made with the holders of the bonds,  or in any way impair the rights and remedies of the bondholders,  until all bonds issued under this article,  together with interest,  including interest on any unpaid installments of 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 board as agent for this state may include this pledge and undertaking in its resolutions and indentures securing its bonds.
AZ Rev Stat § 49-1267 (2021)
2021 Arizona Revised Statutes|Title 49 - The Environment|§ 49-1267 - Hardship grant fund

49-1267.  Hardship grant fund A. The hardship grant fund is established to be administered by the authority consisting of: 1. Monies received for that purpose from the United States government,  including monies that are awarded to this state pursuant to title II of the clean water act and that are no longer obligated to the construction grants program. 2. Gifts,  grants and other donations received for that purpose from public or private sources. 3. Monies appropriated by the legislature for the hardship grant program. B. Monies in the fund are continuously appropriated and are exempt from the provisions of section 35-190 relating to lapsing of appropriations. C. The board shall administer the fund pursuant to rule and in compliance with this section and guidance from the United States government. D. Monies in the fund may be used for the following purposes: 1. Providing hardship grants to political subdivisions or Indian tribes to plan,  design,  acquire,  construct or improve wastewater collection and treatment facilities. 2. Providing training and technical assistance related to the operation and maintenance of wastewater systems. E. The board shall use the monies and other assets in the fund only for the purposes authorized by this article. F. The board shall establish a hardship grant program account and as many other accounts and subaccounts as required to administer the hardship grant fund. G. All proceeds of hardship grant program monies that are received from the United States shall be deposited in the hardship grant fund and shall be used only to provide grants and technical assistance to political subdivisions or Indian tribes to plan,  design,  acquire,  construct or improve wastewater collection and treatment facilities.
AZ Rev Stat § 49-1268 (2021)
2021 Arizona Revised Statutes|Title 49 - The Environment|§ 49-1268 - Hardship grant financial assistance

49-1268.  Hardship grant financial assistance A. In compliance with any applicable requirements: 1. A political subdivision or Indian tribe may apply to the authority for and accept financial and technical assistance pursuant to section 49-1267,  subsection C. To qualify for financial assistance pursuant to this section,  the political subdivision's or Indian tribe's project must appear on this state's clean water revolving fund priority list. 2. The applicant must be a community in a rural area that complies with both of the following: (a) The community has a population of three thousand persons or less as determined by the most recent United States decennial census. (b) The community lacks centralized wastewater treatment or collection systems or needs improvements to its treatment systems. B. In compliance with any applicable requirement,  the board shall: 1. Prescribe a simplified form and procedure to apply for and approve assistance. 2. Establish by rule criteria by which assistance will be awarded including requirements for local participation in project cost,  if deemed advisable. 3. Determine the order and priority of projects assisted pursuant to this section based on the merits of the application with respect to water quality issues. C. The authority shall review on its merits each application received and shall inform the applicant of the board's determination within sixty days after receipt of a complete and correct application. If the application is not approved,  the board shall notify the applicant,  stating the reasons. If the application is approved,  the board may condition the approval on those assurances that the board deems necessary to ensure that the financial assistance will be used according to law and the terms of the application. D. The approval of financial assistance shall be conditioned on a written commitment by the political subdivision or Indian tribe to complete all applicable reviews and approvals and to secure all required permits in a timely manner.
AZ Rev Stat § 49-1269 (2021)
2021 Arizona Revised Statutes|Title 49 - The Environment|§ 49-1269 - Short-term emergency loan agreements; conditions

49-1269.  Short-term emergency loan agreements;  conditions A. The authority,  through its board,  may enter into short-term emergency loan agreements with political subdivisions or Indian tribes under the following conditions: 1. The term of the loan does not exceed one year. 2. The dollar amount of the loan does not exceed two hundred fifty thousand dollars for each borrower for each emergency event. 3. The purpose of the loan is to provide assistance for designing,  redesigning,  engineering,  reengineering,  constructing or reconstructing water or wastewater systems that have failed as the result of a disaster,  a natural disaster or a catastrophic event. 4. The disaster,  natural disaster or catastrophic event is memorialized in a declaration of emergency by the governor or the federal emergency management agency. B. Subject to board approval,  for any loan made pursuant to this section,  the authority shall execute appropriate and binding legal agreements with the borrower that require repayment of monies from eligible sources of repayment. Notwithstanding any other statute,  a loan may be made and an obligation to repay may be incurred pursuant to this section without a vote of the electors of the political subdivision or Indian tribe.
AZ Rev Stat § 49-1271 (2021)
2021 Arizona Revised Statutes|Title 49 - The Environment|§ 49-1271 - Water supply development revolving fund; legislative intent

49-1271.  Water supply development revolving fund;  legislative intent A. The water supply development revolving fund is established to be maintained in perpetuity consisting of: 1. Monies received from the issuance and sale of water supply development bonds under section 49-1278. 2. Monies appropriated by the legislature to the water supply development revolving fund. 3. Monies received for water supply development purposes from the United States government. 4. Monies received from water providers as loan repayments,  interest and penalties. 5. Interest and other income received from investing monies in the fund. 6. Gifts,  grants and donations received for water supply development purposes from any public or private source. B. Monies in the fund are continuously appropriated and are exempt from the provisions of section 35-190 relating to lapsing of appropriations. C. The legislature finds that many water providers in this state,  particularly in rural areas,  lack access to sufficient water supplies to meet their long-term water demands and need financial assistance to construct water supply projects and obtain additional water supplies. It is the intent of the legislature that the water supply development revolving fund established by this section be used to provide financial assistance to these water providers under the terms set forth in this article.
AZ Rev Stat § 49-1272 (2021)
2021 Arizona Revised Statutes|Title 49 - The Environment|§ 49-1272 - Water supply development revolving fund; administration

49-1272.  Water supply development revolving fund;  administration A. The board shall administer the water supply development revolving fund. B. On notice from the board,  the state treasurer shall invest and divest monies in the fund as provided by section 35-313,  and monies earned from investment shall be credited to the fund. C. Monies and other assets in the fund shall be used solely for the purposes authorized by this article.
AZ Rev Stat § 49-1276 (2021)
2021 Arizona Revised Statutes|Title 49 - The Environment|§ 49-1276 - Enforcement; attorney general

49-1276.  Enforcement;  attorney general The attorney general may take actions necessary to enforce the loan contract and achieve repayment of loans provided by the authority pursuant to sections 49-1274 and 49-1275.