§ 41-5854 – Arizona public school credit enhancement fund; purposes; exemption
41-5854. Arizona public school credit enhancement fund; purposes; exemption A. The Arizona public school credit enhancement fund is established consisting of: 1. Payments of program participation fees paid by schools that have participated in guaranteed financings pursuant to section 41-5855. 2. Repayments of monies of the fund that are used to make payments of principal […]
§ 41-5855 – Arizona public school credit enhancement program; eligibility; approval of financing; participation fee
41-5855. Arizona public school credit enhancement program; eligibility; approval of financing; participation fee A. The Arizona public school credit enhancement program is established to assist achievement district schools in obtaining more favorable financing by guaranteeing the payment of principal and interest on guaranteed financings issued by or on behalf of achievement district schools. B. To […]
§ 41-5856 – Payment of program guarantees; notification requirements; repayment
41-5856. Payment of program guarantees; notification requirements; repayment A. On any draw from the debt service reserve fund to pay principal or interest on a guaranteed financing, the bank trustee, paying agent or other fiduciary for the guaranteed financing shall deliver written notice of the draw to the board and to the state treasurer within […]
§ 41-5857 – Program funding obligations; immunity
41-5857. Program funding obligations; immunity A. The board may deliver nonnegotiable program funding obligations in one or more series in an aggregate principal amount of not more than $80, 000, 000. B. The board shall sell any program funding obligations prescribed in subsection A of this section to the state treasurer, and the state treasurer […]
§ 41-5858 – Quarterly reports
41-5858. Quarterly reports Within thirty days after the last day of each calendar quarter, the division staff, in collaboration with the board, shall submit to the speaker of the house of representatives, the president of the senate, the director of the joint legislative budget committee and the director of the governor’s office of strategic planning […]
§ 41-5901 – State agencies; vaccination inquiries prohibited
41-5901. State agencies; vaccination inquiries prohibited This state, any state agency or any contractor for this state may not send its employees to inquire about a person’s vaccination status on a door-to-door basis.
§ 41-5813 – Characteristics of bonds; negotiable; exemption from taxation; obligation; legal investments
41-5813. Characteristics of bonds; negotiable; exemption from taxation; obligation; legal investments A. Bonds issued under this article are fully negotiable within the meaning and for all purposes of the uniform commercial code, subject only to any provisions for registration, regardless of whether the bonds actually constitute negotiable instruments under the uniform commercial code. B. The […]
§ 41-5814 – Effect of changing circumstances on bonds; agreement of state
41-5814. Effect of changing circumstances on bonds; agreement of state A. Bonds issued under this article remain valid and binding obligations of the school district notwithstanding that before the delivery of the bonds any of the persons whose signatures appear on the bonds cease to be officers of the school district. B. An amendment of […]
§ 41-5815 – Validity of bonds; certification by attorney general
41-5815. Validity of bonds; certification by attorney general A. This article constitutes full authority for authorizing and issuing bonds without reference to any other law of this state. No other law with regard to authorizing or issuing obligations or that in any way impedes or restricts performing the acts authorized by this article may be […]
§ 41-5831 – Definitions
41-5831. Definitions In this article, unless the context otherwise requires: 1. " HVAC system" means the equipment, distribution network and terminals that provide, either collectively or individually, the process of heating, ventilation or air conditioning to a building. 2. " School activity hours" means the time of day in which students or school personnel occupy […]