Arizona Revised Statutes (Last Updated: March 31, 2016) |
Title 48. Special Taxing Districts |
Chapter 4. MUNICIPAL IMPROVEMENT DISTRICTS |
Article 2. General Public Improvements and Improvement Bonds |
Sec 48-607. Disposition of sale proceeds
Latest version.
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The superintendent shall promptly pay to the treasurer all monies collected by him from sales. The treasurer, on receipt thereof, shall place the monies in the special fund hereby created for the payments of the bonds issued for the improvement.