reglab/housing_qa huggingface dataset:
AZ Rev Stat § 35-483 (2021)
2021 Arizona Revised Statutes|Title 35 - Public Finances|§ 35-483 - Option to accelerate upon delinquency

35-483.  Option to accelerate upon delinquency A. If any installment is delinquent,  the governing body may order that the whole of the unpaid principal amount of the assessment become immediately due and payable,  and be collected by summary sale proceedings pursuant to section 35-482. B. If such order is made,  the amount for which the property is to be sold shall include,  in addition to the delinquent installments,  penalties,  interest and charges,  the other amounts necessary to prepay such assessment in full computed pursuant to applicable law. C. If such order is made,  the owner or persons interested may,  at any time prior to sale,  pay the delinquent installments,  with interest,  penalties and charges,  and thereupon be restored to the right thereafter to pay in installments in the same manner as if default has not occurred,  and the amount of interest,  penalties and charges which shall accrue shall be unaffected by exercise of the option to accelerate hereby provided. D. Notices pursuant to section 35-482 shall,  when the option to accelerate has been exercised,  so state and shall state the unpaid principal balance of the assessment for which the property is to be sold.
AZ Rev Stat § 35-492 (2021)
2021 Arizona Revised Statutes|Title 35 - Public Finances|§ 35-492 - Reregistration or cancellation of registry of bond

35-492.  Reregistration or cancellation of registry of bond A. The registered holder of a bond may,  either in person or by a bank or trust company authorized to do business in this state,  present the bond to the registrar with a written request endorsed on the bond that the bond be registered in the name of another person or that the registry be canceled and the bond be again made payable to bearer. Upon such request the registrar shall cancel the former registration and register the bond in the name of the person designated in the request and shall endorse upon the bond a certificate as required of an original registration. If the bond may be and the owner requests that it be made payable to bearer,  the registration shall be canceled and the certificate upon the bond shall declare that the bond is payable to bearer. The registrar shall keep a record thereof in a book provided for that purpose. B. The proceedings pertaining to the issuance of any bond may prohibit its issuance or registration in bearer form.
AZ Rev Stat § 35-493 (2021)
2021 Arizona Revised Statutes|Title 35 - Public Finances|§ 35-493 - Collection and payment of bond through bank or trust company; effect

35-493.  Collection and payment of bond through bank or trust company;  effect The proceedings authorizing any bond may permit the registered holder of the bond to authorize any bank or trust company authorized to do business in this state to present the bond to the treasurer,  finance director or paying agent of the issuer for payment of the principal thereof,  or,  if the obligor has a fiscal agent without this state,  the obligor may authorize any bank or trust company doing business where such agent is located to make the presentment. Payment to such bank or trust company constitutes payment and satisfaction of the indebtedness.
AZ Rev Stat § 35-494 (2021)
2021 Arizona Revised Statutes|Title 35 - Public Finances|§ 35-494 - Contracts as long-term obligations

35-494.  Contracts as long-term obligations Contracts employing registrars and paying agents made pursuant to this article are deemed to be long-term obligations within the meaning of article IX,  sections 18 and 19,  Constitution of Arizona.
AZ Rev Stat § 35-495 (2021)
2021 Arizona Revised Statutes|Title 35 - Public Finances|§ 35-495 - Supplemental nature of article

35-495.  Supplemental nature of article If the provisions of this article are inconsistent with any other provision of law,  in order to prescribe a form of bond which will comply with the tax equity and fiscal responsibility act of 1982 (P.L. 97-248),  the provisions of this article are controlling. The powers conferred by this article are in addition and supplemental to the powers conferred by any other law.
AZ Rev Stat § 35-502 (2021)
2021 Arizona Revised Statutes|Title 35 - Public Finances|§ 35-502 - Reports; omission or refusal to comply; violation; classification

35-502.  Reports;  omission or refusal to comply;  violation;  classification A. The governing body of the county,  city,  town,  district or other political subdivision shall make such reports to the department of administration as the department requires relating to the issuance of the bonds and securities provided by section 35-501 and shall notify the department of the retirement of any such bonds and of all payments of interest on the bonds,  immediately on retirement of the bond or payment of interest. B. Any person or member of any governing body knowingly omitting or refusing to comply with the orders of the department of administration issued pursuant to this article is guilty of a class 2 misdemeanor.
AZ Rev Stat § 35-503 (2021)
2021 Arizona Revised Statutes|Title 35 - Public Finances|§ 35-503 - Calculation of debt limits

35-503.  Calculation of debt limits A. For purposes of calculating all debt limits pursuant to article IX,  section 8 or 8.1,  Constitution of Arizona,  the outstanding indebtedness of a jurisdiction shall equal the total principal amount of all bonds outstanding at the time of calculation. Bonds outstanding shall include the principal amount of all bonds issued by the jurisdiction except principal that has been paid or for which monies have been deposited into a dedicated fund for the payment of the principal. The principal amount of a bond shall equal the par amount of the bond exclusive of any premium or discount. B. The net assessed value of the full cash value is the basis for calculating the debt limitations prescribed in article IX,  section 8 or 8.1,  Constitution of Arizona.
AZ Rev Stat § 35-504 (2021)
2021 Arizona Revised Statutes|Title 35 - Public Finances|§ 35-504 - Debt oversight commission; membership; compensation; duties

35-504.  Debt oversight commission;  membership;  compensation;  duties A. In order to provide more accurate and meaningful information to the public regarding bond issues,  the debt oversight commission is established in the department of administration. B. The commission consists of the director of the department of administration,  who serves as chairperson,  and four private citizens who are knowledgeable in the area of finance or bond financing,  one who is appointed by the governor and three who are appointed jointly by the president of the senate and the speaker of the house of representatives. The terms of appointive members are three years. C. An appointment to fill a vacancy on the commission resulting from other than expiration of term is for the unexpired portion of the term. D. The department of administration shall provide secretarial and staff support services to the commission. E. The private citizen members of the commission are eligible to receive $50 per day for time spent in the performance of their duties. These monies shall be paid from monies appropriated to the department of administration. F. The commission shall meet at least annually and,  in addition,  at the call of the chairperson. The commission shall meet at such times and places as convenient or necessary to conduct its affairs and shall render its findings,  reports and recommendations in writing to the governor and to the legislature. G. The commission shall: 1. Review the information provided to the department of administration as prescribed in section 35-501. 2. Ascertain the bonded indebtedness of all taxing jurisdictions and the relationship to the appropriate debt limitation.
AZ Rev Stat § 35-505 (2021)
2021 Arizona Revised Statutes|Title 35 - Public Finances|§ 35-505 - Exemption; industrial development

35-505.  Exemption;  industrial development This article does not apply to corporations formed pursuant to chapters 5 and 6 of this title.
AZ Rev Stat § 35-511 (2021)
2021 Arizona Revised Statutes|Title 35 - Public Finances|§ 35-511 - Definitions

35-511.  Definitions In this article unless the context otherwise requires: 1. " Bond"  means any bond,  note,  warrant,  lease,  lease purchase agreement or other interest bearing obligation issued pursuant to any provision of law by this state or any political subdivision. 2. " Political subdivision"  means city,  town,  county,  school district,  community college district,  multi-county water conservation district,  agriculture improvement district,  industrial development authority,  pollution control corporation,  special taxing district in title 48 and any other agency,  instrumentality,  municipal corporation or other entity created by a law of this state which has the power to issue bonds. 3. " Rebate"  means the payment of monies to the federal government pursuant to any law enacted by the Congress of the United States in consideration of retaining any exemption from federal income taxes for the interest income on an issuer's bonds. 4. " Treasurer"  means the treasurer,  finance director or other person acting in the capacity of the treasurer of this state or any political subdivision.
AZ Rev Stat § 35-512 (2021)
2021 Arizona Revised Statutes|Title 35 - Public Finances|§ 35-512 - Authority to comply with federal income tax laws

35-512.  Authority to comply with federal income tax laws A. The governing body of any department,  agency,  instrumentality of this state or any political subdivision 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 any federal tax benefits,  payments or credits relating to a bond issued under any provision of law,  including federal tax credits,  federal subsidy payments and retention of the exemption from federal income taxes for the interest income on a bond issued. B. To induce prospective purchasers to purchase bonds,  the governing body of any department,  agency or instrumentality of this state or any political subdivision may provide in any resolution,  ordinance,  indenture or contract authorizing or providing for the issuance of bonds,  or in the bonds themselves,  that in the event the interest on such bonds is declared to be subject to federal income taxation in a final decision of a court having jurisdiction in the matter and on such additional conditions as the governing body may prescribe,  the interest rate,  including prior interest paid if applicable,  may increase to a predetermined rate. The predetermined rate may be calculated in any manner. This subsection shall not be construed to allow interest rates to increase above the maximum rate that otherwise may be provided by law,  election or contractual agreement.
AZ Rev Stat § 35-513 (2021)
2021 Arizona Revised Statutes|Title 35 - Public Finances|§ 35-513 - Rebate set-aside; authorization

35-513.  Rebate set-aside;  authorization The state treasurer or the treasurer of any political subdivision may set aside such amounts as may be directed by the governing body or may in such treasurer's discretion be sufficient to meet potential rebate requirements.
AZ Rev Stat § 35-514 (2021)
2021 Arizona Revised Statutes|Title 35 - Public Finances|§ 35-514 - Construction; right to contest; supplemental nature of article

35-514.  Construction;  right to contest;  supplemental nature of article A. This article is to be construed to be supplemental to and govern over any provision of law which prohibits rebates or other actions authorized in this article. The rebates authorized in this article are deemed to be made for a public purpose and to be made in furtherance of the purposes for which the bonds are issued. No findings of necessity need be made by the governing body of any political subdivision or of any department,  agency or instrumentality of this state before exercising,  or ordering the exercise of,  any power granted hereunder. The preservation of exemptions from federal income tax or interest on bonds is found and determined to be of statewide interest,  and this article applies to charter cities as well as all other political subdivisions. B. Neither this article nor the actions of any department,  instrumentality of this state or any political subdivision shall be construed as a waiver of any right to contest the constitutionality of any act or law of the United States which seeks to tax the debts or obligations of this state or any political subdivision or interest income thereon or otherwise impose restrictions of any nature on the issuance of any bonds. C. All treasurers shall conform investment and accounting practices in accordance with the resolutions,  ordinances,  indentures or contracts made in accordance with this article.
AZ Rev Stat § 35-515 (2021)
2021 Arizona Revised Statutes|Title 35 - Public Finances|§ 35-515 - Rebate reporting; state agencies

35-515.  Rebate reporting;  state agencies A. The state treasurer shall report to the United States government any rebate resulting from bonds issued by any state agency. The state treasurer may contract with professional consultants deemed necessary by the state treasurer in order to comply with the provisions of this section. The state treasurer may charge any costs associated with this section proportionally among the state agencies for which reports are made. Rebate reporting by the state treasurer does not relieve the state agency from the responsibility for any payment of any rebate that may become due. B. State agencies shall deliver to the state treasurer in a timely manner all information required by the state treasurer to comply with rebate reporting requirements. Such information shall include official statements,  certificates of rebate,  certificates of yield,  investment accounting documentation,  amortization schedules and contract documents. C. The state treasurer shall make rebate payments on behalf of the agency as required. The rebate payment and any charges incurred pursuant to subsection A shall be transferred from the account of the state agency to the state treasurer for such payments. D. This section shall apply to the Arizona board of regents and the institutions under the jurisdiction of the board upon the approval of the board of regents.
AZ Rev Stat § 35-601 (2021)
2021 Arizona Revised Statutes|Title 35 - Public Finances|§ 35-601 - Definitions

35-601.  Definitions For the purposes of this article: 1. " Federal bankruptcy statute"  means the act of Congress entitled,  " An act to establish a uniform system of bankruptcy throughout the United States, "  approved July 1,  1898,  as amended or supplemented. 2. " Taxing district"  means a " taxing district"  as defined in the federal bankruptcy statute.
AZ Rev Stat § 35-602 (2021)
2021 Arizona Revised Statutes|Title 35 - Public Finances|§ 35-602 - Exercise of powers

35-602.  Exercise of powers All powers granted by this article to taxing districts may be exercised by such districts,  or,  if such districts have no officers of their own,  may be exercised by the officers who have the authority to contract on behalf of such districts,  or to levy special assessments or special taxes within such districts.
AZ Rev Stat § 35-603 (2021)
2021 Arizona Revised Statutes|Title 35 - Public Finances|§ 35-603 - Filing petition; payment of expenses

35-603.  Filing petition;  payment of expenses Any taxing district in this state is authorized to file the petition provided for in the federal bankruptcy statute and to incur and pay the expenses thereof and any and all other expenses necessary or incidental to the consummation of the plan of readjustment contemplated in such petition or as it may be modified from time to time.
AZ Rev Stat § 35-604 (2021)
2021 Arizona Revised Statutes|Title 35 - Public Finances|§ 35-604 - Resolution authorizing filing of petition and representation of district by attorney

35-604.  Resolution authorizing filing of petition and representation of district by attorney Before the filing of the petition referred to in section 35-603,  the taxing district shall adopt a resolution authorizing the filing thereof and authorizing its duly and regularly elected or appointed attorney,  or special counsel appointed for such purpose,  to file the petition and to represent the taxing district in the proceedings with respect thereto in the United States district court having jurisdiction thereof.
AZ Rev Stat § 35-605 (2021)
2021 Arizona Revised Statutes|Title 35 - Public Finances|§ 35-605 - Powers of taxing district

35-605.  Powers of taxing district Any taxing district is authorized and empowered to take any and all action necessary to carry out any plan of readjustment contemplated in the petition,  or as such petition is modified from time to time,  subject only to the provisions of the constitution of this state,  any other provision of law to the contrary notwithstanding.
AZ Rev Stat § 35-606 (2021)
2021 Arizona Revised Statutes|Title 35 - Public Finances|§ 35-606 - Resolution of district assenting to plan as prerequisite of final decree of court becoming effective

35-606.  Resolution of district assenting to plan as prerequisite of final decree of court becoming effective No final decree or order of the United States district court confirming a plan of readjustment shall be effective for the purpose of binding the taxing district unless and until the taxing district files with the court a certified copy of a resolution of such taxing district,  adopted by it or by the officials referred to in section 35-602,  consenting to the plan of readjustment set forth or referred to in such final decree or order.
AZ Rev Stat § 35-608 (2021)
2021 Arizona Revised Statutes|Title 35 - Public Finances|§ 35-608 - Purpose of article

35-608.  Purpose of article This article shall not affect any other law covering the same subject matter,  or apply to any proceedings thereunder,  but is intended to and does provide,  among other matters,  an alternative system for refunding bonds pursuant to the provisions of,  and in conjunction with,  the federal bankruptcy statute.
AZ Rev Stat § 35-702 (2021)
2021 Arizona Revised Statutes|Title 35 - Public Finances|§ 35-702 - Proceedings to incorporate industrial development authority

35-702.  Proceedings to incorporate industrial development authority A. Whenever any number of natural persons,  not less than three,  each of whom is a qualified elector of the municipality or the county or,  in the case of a corporation to be formed with the permission of the Arizona finance authority or the Arizona board of regents,  qualified electors of this state,  file with any governing body thereof an application in writing seeking permission to apply for the incorporation of an industrial development board of the municipality or county,  the governing body shall consider the application. If the governing body by resolution finds and determines that it is wise,  expedient,  necessary or advisable that the corporation be formed and authorizes the persons making the application to form the corporation,  then the persons making the application shall proceed to incorporate as prescribed by this chapter. A corporation may not be formed unless the application first has been filed with the governing body having jurisdiction and the governing body adopts a resolution as provided in this section. Any corporation when formed shall be a political subdivision of this state and have only the governmental powers as are set forth in this chapter or in chapter 6 of this title and the power to enter into intergovernmental agreements in accordance with title 11,  chapter 7,  article 3. B. Only one corporation shall be approved by a municipality or county for operation at any time.
AZ Rev Stat § 35-703 (2021)
2021 Arizona Revised Statutes|Title 35 - Public Finances|§ 35-703 - Articles of incorporation of industrial development authority

35-703.  Articles of incorporation of industrial development authority In addition to the requirements of title 10,  the articles of incorporation shall set forth: 1. The names and residences of the applicants,  together with a recital that each of them is a qualified elector of the municipality or the county or,  in the case of a corporation to be formed with the permission of the Arizona finance authority or the Arizona board of regents,  a qualified elector of this state. 2. The name of the corporation,  which shall be " the industrial development authority of the ____________ of _____________, "  (the blank spaces to be filled in with the name of the municipality or the county). In the case of a corporation formed with the permission of the Arizona finance authority the name shall be the " Arizona industrial development authority" . In the case of a corporation formed with the permission of the Arizona board of regents the name shall be the " Arizona research park authority" . 3. A recital that permission to organize the authority has been granted by resolution duly adopted by the governing body of the municipality or county and the date of the adoption of such resolution. 4. The location of the principal office of the authority,  which shall be in the municipality or county. In the case of a corporation formed with the permission of the Arizona board of regents the principal office of the corporation shall be the principal office of the Arizona board of regents. In the case of a corporation formed with the permission of the Arizona finance authority,  the Arizona finance authority is the principal office of the corporation.
AZ Rev Stat § 35-704 (2021)
2021 Arizona Revised Statutes|Title 35 - Public Finances|§ 35-704 - Amendment to articles

35-704.  Amendment to articles The articles of incorporation may at any time and from time to time be amended to make any changes therein and add any provisions thereto which might have been included in the certificate of incorporation in the first instance,  provided that the members of the board of directors of the authority first shall file with the authorizing governing body an application in writing seeking permission to amend the articles of incorporation,  specifying in such application the amendment proposed to be made. The governing body thereof shall consider such application and,  if by resolution it finds and determines that it is wise,  expedient,  necessary or advisable that the proposed amendment be made,  authorizes the same to be made,  and approves the form of the proposed amendment,  then the persons making such application shall proceed to amend the articles in accordance with the provisions of title 10.