Arizona Revised Statutes (Last Updated: March 31, 2016) |
Title 48. Special Taxing Districts |
Chapter 18. DRAINAGE AND FLOOD PROTECTION DISTRICTS |
Article 9. Destruction of Unsold Bonds or Reduction of Bonded Indebtedness |
Sec 48-2796. Effect of reduction of bonded indebtedness on validity of other bonds authorized
Latest version.
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No reduction of the bonded indebtedness as provided by sections 48-2794 and 48-2795 shall in any manner affect any order of court which has been made adjudicating and confirming the validity of such bonds.