35-501. Records of bond issues; debt-level analysis and report; definitions A. On or before June 30 of each year, the department of administration shall ascertain and record in its office all issues of bonds, certificates of participation or other securities issued for a term in excess of one year by this state or a county, […]
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 […]
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 […]
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 […]
35-505. Exemption; industrial development This article does not apply to corporations formed pursuant to chapters 5 and 6 of this title.
