Arizona Revised Statutes (Last Updated: March 31, 2016) |
Title 28. Transportation |
Chapter 21. STATE HIGHWAY FINANCING AND BONDING |
Article 6. Highway Project Advancement Notes |
Sec 28-7686. Refunding
Latest version.
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A political subdivision may issue highway project advancement notes to refund highway project advancement notes previously issued and other obligations if the proceeds of the previously issued highway project advancement notes and other obligations were or are applied to the financing of the advance to which the highway project advance agreement relates.