Arizona Revised Statutes (Last Updated: March 31, 2016) |
Title 48. Special Taxing Districts |
Chapter 12. ELECTRICAL DISTRICTS |
Article 3. Financial Provisions |
Sec 48-1777. Limitation on district indebtedness
Latest version.
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Nothing in this chapter shall be construed as making districts organized under this chapter municipal corporations within the meaning of article 13 of the constitution, but they shall in all respects be subject to the debt limitations of municipal corporations.