reglab/housing_qa huggingface dataset:
AZ Rev Stat § 48-1799 (2021)
2021 Arizona Revised Statutes|Title 48 - Special Taxing Districts|§ 48-1799 - Issuance of refunding bonds; terms of bonds

48-1799.  Issuance of refunding bonds;  terms of bonds A. The board of directors of a district organized under this chapter may authorize and issue refunding bonds to refund the bonded indebtedness of the district when it deems it expedient to issue such bonds. B. The board shall adopt a resolution,  and enter it upon its minutes,  stating briefly the principal facts for determining the necessity and advisability of issuing refunding bonds,  the amount of bonds to be issued,  the rate of interest on the bonds which shall not exceed the rate of interest on the original issue,  the date of the bonds,  the denomination thereof,  the maturity date which shall not be more than thirty years after the date on which the refunded issue matures,  and the places of payment,  within or without the state,  of the principal and interest. C. The board may provide that the bonds be serial bonds payable in annual or periodical installments and may reserve the right to call for payment any part or all of the bonds on any interest payment date,  and if optional maturity is reserved by the board,  it shall be sufficient notice of the exercise of the option if the board enters on the minutes,  not less than thirty days before any interest paying date,  its determination to call specific bonds,  and publish notice thereof,  describing by number the bonds to be called,  in one issue of a daily or weekly newspaper published in the county in which the greater part of the district lies. The publication shall be completed at least thirty days before the call date and thereafter the bonds called shall cease to bear interest.
AZ Rev Stat § 48-1800 (2021)
2021 Arizona Revised Statutes|Title 48 - Special Taxing Districts|§ 48-1800 - Execution of refunding bonds; interest; sale or exchange of bonds; payment

48-1800.  Execution of refunding bonds;  interest;  sale or exchange of bonds;  payment A. The refunding bonds shall be negotiable in form and shall be signed by the chairman of the board of directors,  sealed with the seal of the district,  and attested by the district secretary. B. Levy of taxes or service charges for repayment of the bonds shall be in the same manner as provided for the original issue. The interest shall be payable semiannually and shall be evidenced by semiannual interest coupons attached to the bonds bearing the facsimile signatures of the chairman and secretary of the board,  but without seal. C. The refunding bonds may be exchanged in like amount for bonds to be refunded,  or they may be sold by the board of directors at not less than par and accrued interest and the proceeds applied to the purpose for which the bonds were issued. The board shall keep a record showing the date,  number,  amount and maturity of each bond,  the payments of principal and interest thereon and a record of its destruction when paid or retired. Bonds paid shall be burned or destroyed by the board. D. The board shall have full power and authority in the issuance and sale of refunding bonds in all matters although not provided for in this chapter,  and shall make necessary provisions,  rules and regulations,  fix the times,  methods and procedures and take all necessary steps for the issuance,  sale and delivery of the bonds.
AZ Rev Stat § 48-1811 (2021)
2021 Arizona Revised Statutes|Title 48 - Special Taxing Districts|§ 48-1811 - Financial powers of district; limitation; definition

48-1811.  Financial powers of district;  limitation;  definition A. A district may finance any acquisition or expenditure authorized by this chapter with revenue bonds. A district may not finance with revenue bonds the acquisition by eminent domain of an existing electrical works or electrical facility of a municipality or public service corporation. B. In this article unless the context otherwise requires,  " 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.
AZ Rev Stat § 48-1812 (2021)
2021 Arizona Revised Statutes|Title 48 - Special Taxing Districts|§ 48-1812 - Revenue bonds

48-1812.  Revenue bonds A. The district may borrow money and issue its revenue bonds for any lawful district purpose. The board of directors shall determine the maximum amount of bonds,  the maximum rate of interest and the time of payment of the bonds or any series of bonds. An election or referendum is not required for the issuance of bonds under this article. B. The principal,  interest and premiums,  if any,  on those bonds are payable solely from revenues of the district that may be pledged by the district including monies received from the sale of services or from contracts of any kind. The district shall not issue a revenue bond for which taxes or assessments are levied on property located in the district and payment for a revenue bond is not enforceable out of any monies other than the revenues pledged to the payment of the bond. C. Bonds may bear interest at rates that may fluctuate below a maximum interest rate established by the board of directors. The board of directors may designate a remarketing agent to set and reset those interest rates in accordance with an authorizing resolution or trust indenture adopted or entered into by the district. The district may contract for and purchase credit enhancement in the form of letters of credit,  surety bonds,  bond insurance policies,  bond purchase agreements and other contractual arrangements that provide credit for the bonds,  liquidity to the bondholders or credit facilities obtained in lieu of reserves. D. Subject to the limitations of this article,  the district may do all things,  enter into all contracts and dispose of bond proceeds in the manner deemed necessary by its board of directors to accomplish the purpose for which the bonds are issued and to secure payment of the principal and interest on the bonds.
AZ Rev Stat § 48-1813 (2021)
2021 Arizona Revised Statutes|Title 48 - Special Taxing Districts|§ 48-1813 - Terms, conditions and forms of bonds

48-1813.  Terms,  conditions and forms of bonds A. A bond may be issued in one or more series,  bear a date or dates,  mature at a time or times,  be in a denomination or denominations,  be in a form,  carry a registration,  exchangeability and interchangeability privileges,  be executed in a manner,  be payable in a medium of payment and at a place or places,  within or without this state,  be subject to terms of redemption prior to maturity at times with or without premium,  be subject to terms of tender by the bondholder prior to maturity at those times,  be equally and ratably secured without priority or be entitled or subject to priorities on all or any portion of those revenues and receipts of the district and contain other terms,  conditions and covenants as the board provides. B. A bond shall bear interest at a rate or rates and shall be payable at a time or times and in a manner as the board of directors determines. C. A bond is fully negotiable within the meaning of and for all the purposes of the uniform commercial code,  subject only to any provisions for registration. D. The board of directors may retain and pay a registrar,  paying agent,  transfer agent,  securities custodian,  depositary,  authenticating agent,  indexing agent,  remarketing agent and bond trustee to authenticate and administer the bonds and any collateral agreements. The board may make conditions and requirements respecting the bonds as it deems appropriate.
AZ Rev Stat § 48-1814 (2021)
2021 Arizona Revised Statutes|Title 48 - Special Taxing Districts|§ 48-1814 - Resolution and trust agreements; adoption

48-1814.  Resolution and trust agreements;  adoption The board may provide that any series of bonds may be secured by a trust agreement by and between the district and one or more corporate trustees or fiscal agents,  which may be any trust company or bank having the powers of a trust company in this state. A resolution is effective on its adoption unless otherwise specified.
AZ Rev Stat § 48-1816 (2021)
2021 Arizona Revised Statutes|Title 48 - Special Taxing Districts|§ 48-1816 - Sale of bonds

48-1816.  Sale of bonds A bond shall be sold at a public or private sale as determined by the board of directors.
AZ Rev Stat § 48-1817 (2021)
2021 Arizona Revised Statutes|Title 48 - Special Taxing Districts|§ 48-1817 - Refunding bonds

48-1817.  Refunding bonds Refunding bonds may be issued to refund any outstanding bonds issued pursuant to this article. These bonds shall be designated as refunding bonds and shall be secured by all or part of the revenues of the district or all or any part of revenues pledged to the bonds that have been refunded.
AZ Rev Stat § 48-1818 (2021)
2021 Arizona Revised Statutes|Title 48 - Special Taxing Districts|§ 48-1818 - Purchase of bonds by the district

48-1818.  Purchase of bonds by the district The district may purchase any of its bonds authorized to be issued in this article out of any monies available for that purpose.
AZ Rev Stat § 48-1819 (2021)
2021 Arizona Revised Statutes|Title 48 - Special Taxing Districts|§ 48-1819 - Validity of bonds; nonliability of officers and directors

48-1819.  Validity of bonds;  nonliability of officers and directors A. A bond that is issued and that bears the signature of officers in office on the date the bond is signed is a valid and binding obligation,  notwithstanding that before delivery of the bond any or all of the persons whose signatures appear on the bond have ceased to be officers of the district. B. No member of the board of directors or officer or employee of the district is personally liable on the bonds.
AZ Rev Stat § 48-1820 (2021)
2021 Arizona Revised Statutes|Title 48 - Special Taxing Districts|§ 48-1820 - Bonds as legal investments

48-1820.  Bonds as legal investments Notwithstanding any law to the contrary,  all bonds and refunding bonds constitute legal investments for savings banks,  banks,  savings and loan associations,  trust companies,  executors,  administrators,  trustees,  guardians and other fiduciaries and for any board,  body,  agency or instrumentality of this state or of any political subdivision of this state and constitute securities that may be deposited by banks,  savings and loan associations or trust companies as security for deposits of state,  county,  municipal and other public monies.
AZ Rev Stat § 48-1821 (2021)
2021 Arizona Revised Statutes|Title 48 - Special Taxing Districts|§ 48-1821 - Federal income tax considerations

48-1821.  Federal income tax considerations The district may make any covenant,  order any rebate,  file any tax return,  report any information and order the limitation on the yield of any investment made with the proceeds from the sale of its bonds or with taxes,  revenues or other income pledged,  held in trust or otherwise used to pay principal,  interest and premium,  if any,  on its bonds in consideration for retaining the exclusion from gross income for federal income tax purposes of the interest income on any bond.
AZ Rev Stat § 48-1822 (2021)
2021 Arizona Revised Statutes|Title 48 - Special Taxing Districts|§ 48-1822 - Application of bond proceeds

48-1822.  Application of bond proceeds The district may apply the proceeds from the sale of any of its bonds to further any of its lawful purposes including to pay all costs and estimated costs of the issuance of the bonds,  of feasibility studies,  of all engineering,  inspection,  fiscal and legal expenses and of the cost of interest estimated to accrue on money borrowed or that will be borrowed as the board of directors may determine,  reserve funds,  including those for debt service and working capital,  costs and fees related to credit enhancement and costs of the services of agents,  consultants or experts retained or employed in the planning,  preparation,  supervision,  financing and completion of the activity financed by the bonds. In addition,  the district may expend bond proceeds either as a loan to the United States or as a contribution,  in aid of the United States in constructing,  repairing or rebuilding any project for which the district acts as a contractual party to assist in the delivery of electricity.
AZ Rev Stat § 48-4911 (2021)
2021 Arizona Revised Statutes|Title 48 - Special Taxing Districts|§ 48-4911 - Authority to issue revenue bonds

48-4911.  Authority to issue revenue bonds If the district finds other financing methods or procedures inadvisable,  inadequate or insufficient to acquire or construct projects,  works or facilities,  it may independently or in conjunction with any other optional or alternative plans provided in this chapter issue revenue bonds as provided by this article.
AZ Rev Stat § 48-4912 (2021)
2021 Arizona Revised Statutes|Title 48 - Special Taxing Districts|§ 48-4912 - Prerequisites to issuance

48-4912.  Prerequisites to issuance No revenue bonds may be issued until provision is made by contracts pursuant to this chapter adequate in the judgment of the board to ensure all necessary fiscal reserves,  operation costs,  maintenance and depreciation charges and payment of principal and interest of any bonds relating to any proposed project or facility involved and within the time fixed. Revenue bonds shall not be issued except on resolution by the district.
AZ Rev Stat § 48-4913 (2021)
2021 Arizona Revised Statutes|Title 48 - Special Taxing Districts|§ 48-4913 - Scope of resolution

48-4913.  Scope of resolution A. Resolutions for a bond issue or issues under this article shall state the amount of the proposed issue or issues,  the proposed interest rate and types and terms of bonds,  that all other methods of necessary financing by the district have been found impractical,  inadvisable or inadequate and that the issuance of the bonds is necessary and advisable as proposed. B. Resolutions shall be signed by the district chairman and secretary-treasurer. In support of the resolution the district shall enter into its record pertinent engineering,  economic and financial data,  appropriate maps,  drawings,  plans,  outlines,  calculations,  summaries and related agreements and any other essential information constituting a record appropriate to the resolution. C. The resolution may approve a bond issue to finance an entire plan or system or any single or joint project,  section or other facility of a related system or plan proposed for ultimate integration and completion.
AZ Rev Stat § 48-4914 (2021)
2021 Arizona Revised Statutes|Title 48 - Special Taxing Districts|§ 48-4914 - Hearing; findings

48-4914.  Hearing;  findings A. The chairman of the board,  at the earliest practical date,  shall fix a time and place for a hearing not less than twenty nor more than thirty days after adopting the resolution. Notice of the time and place fixed for the hearing shall be published twice in a newspaper of general circulation in the active management area. B. All pertinent records and documents shall be filed not less than ten days before the date set for the hearing. Prehearings respecting any particular document,  feature or incidental matter or any separable part or portion of any resolution may be held by the board on ten days' previous written notice if the board deems that holding a prehearing is conducive to expediting a final hearing,  and a decision as to the issues presented may thereupon be rendered. C. At the time and place fixed for the hearing,  the board shall examine and determine the matters and questions involved. Hearings may be recessed,  adjourned or continued as the board may order. D. Any person who holds an original agreement or proposal made with the district relating to or concerning the handling,  sale,  control or disposition of a proposed issue of bonds or who has previously made an offer or bid in good faith to purchase the bonds pursuant to a published invitation for bids by the district,  and any operating unit holding contracts with the district not less than ten days before the date fixed for the hearing,  may qualify to be heard. E. If the board finds that all precedent requirements and conditions have been fulfilled,  it shall approve the bond issue in whole or in part,  or shall otherwise disapprove the bond issue as a whole or as to such features or proposals as do not meet essential requirements. When the board has made and entered its findings,  it shall enter a decision accordingly. F. The decision of the board based on findings of fact which are supported by a preponderance of the evidence and which are not arbitrary or unreasonable is final and conclusive.
AZ Rev Stat § 48-4915 (2021)
2021 Arizona Revised Statutes|Title 48 - Special Taxing Districts|§ 48-4915 - Issuance of revenue bonds

48-4915.  Issuance of revenue bonds Revenue bonds issued under this article shall be authorized by resolution of the district and may be issued in one or more series,  shall bear such date or dates,  mature at such time or times,  bear interest at such rate or rates,  be in such denomination or denominations and in such form,  either coupon or registered,  carry such conversion or registration privileges,  have such rank or priority,  be executed in such manner and be payable in such medium of payment,  at such place or places,  and subject to such terms of redemption,  with or without premium,  as the resolution may provide. Bonds may be sold at public or private sale at not less than par with accrued interest. Notwithstanding any provision of law to the contrary,  bonds issued pursuant to this article are negotiable.
AZ Rev Stat § 48-4916 (2021)
2021 Arizona Revised Statutes|Title 48 - Special Taxing Districts|§ 48-4916 - Provisions of revenue bonds; sale

48-4916.  Provisions of revenue bonds;  sale A. Revenue bonds issued under this article shall provide that: 1. The bond is purchased and taken after a complete disclosure of and with a full knowledge of all of the surrounding relevant facts and circumstances and not on the representation,  faith or credit of the district,  this state or any of its political subdivisions. 2. The holder in order to obtain payment may not compel this state or any of its political subdivisions to exercise its appropriation or taxing power. 3. The bond does not constitute a debt of this state and is payable only from revenues of the district. B. The gross or net revenue derived from any project or any part of a project may be pledged to secure the payment of any series of bonds. C. The district may provide for reimbursement to the holder of all expenses of litigation and attorney fees incurred in collecting the bonds in the event of default,  and may provide for and fix the powers and duties of a trustee if necessary to enforce collection. Bond resolutions,  agreements and bonds may be in such form and may contain such other conditions and terms as the district deems appropriate or necessary to make the bonds fully salable and marketable. D. The district may provide that any holder of bonds,  or a trustee designated by the district at the time of issuing the bonds,  may on proper showing secure an order of the superior court requiring the district,  subject to the contracts with operating units then in effect,  to fix and collect rates and charges which will produce adequate revenues to permit setting up adequate yearly reserves with which to meet future payments according to the terms of the bond. E. All revenue bonds issued by the district and agreements of the district with respect to revenue bonds are subject to this chapter,  and no revenue bond or agreement may contain any provision in conflict with this chapter. An amendment of this chapter does not diminish or impair the remedy and rights of the bondholder. F. The bonds shall be signed by the chairman or vice-chairman and the secretary-treasurer of the district who are in office at the date of signing and are valid obligations of the district although before delivery or sale the persons whose signatures appear on the bonds may have ceased to be officers of the district. G. The validity of the bonds is not dependent on or affected by the legality of any proceeding relating to the acquisition,  construction,  improvement or extension of a project for which the bonds are issued. The bonds shall recite that they are regularly issued pursuant to this chapter and that recital is prima facie evidence of their legality and validity. H. Bonds so issued may be sold when the money is needed for the purposes for which they were issued. Pending the preparation or execution of definite bonds,  interim receipts or certificates or temporary bonds may be delivered to the purchaser or purchasers of bonds.
AZ Rev Stat § 48-4917 (2021)
2021 Arizona Revised Statutes|Title 48 - Special Taxing Districts|§ 48-4917 - Certification of bonds by attorney general

48-4917.  Certification of bonds by attorney general The board may submit any 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 he 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 § 48-4918 (2021)
2021 Arizona Revised Statutes|Title 48 - Special Taxing Districts|§ 48-4918 - Validity of bonds

48-4918.  Validity of bonds This chapter constitutes full authority for authorizing and issuing bonds without reference to any other law of this state. No other law with regard to the authorization or issuance of obligations or which in any way impedes or restricts the carrying out of the acts authorized by this article may be construed to apply to any proceedings taken or acts done pursuant to this article.
AZ Rev Stat § 48-4919 (2021)
2021 Arizona Revised Statutes|Title 48 - Special Taxing Districts|§ 48-4919 - Water district revenue bonds as legal investments

48-4919.  Water district revenue bonds as legal investments Active management area water district revenue 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 governmental obligations may properly and legally invest. The bonds are also securities which may be deposited with public officers or bodies of this state and municipalities and political subdivisions of this state for purposes which require the deposit of governmental bonds or obligations.
AZ Rev Stat § 48-1901 (2021)
2021 Arizona Revised Statutes|Title 48 - Special Taxing Districts|§ 48-1901 - Definitions

48-1901.  Definitions In this article,  unless the context otherwise requires: 1. " Federal act"  means the hospital survey and construction act,  Public Law 725 of the 79th Congress,  and amendments thereof. 2. " Urgent care center"  does not include a medical clinic but means a health care institution that operates twelve to twenty-four hours a day seven days a week without inpatient beds but with facilities and limited hospital services for the physical evaluation of outpatients and the diagnosis or treatment of patients including surgery under general anesthesia.