§ 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.
§ 41-5854 – 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 […]
§ 41-5807 – Payment of impact aid revenue bonds; use of surplus monies
41-5807. Payment of impact aid revenue bonds; use of surplus monies A. The impact aid revenue bonds shall be paid solely from monies distributed to the school district from impact aid revenues and other monies that are authorized by this article and that are credited to the school district’ s impact aid revenue bond debt […]
§ 41-5808 – Investment of monies in impact aid revenue bond building fund
41-5808. Investment of monies in impact aid revenue bond building fund A. If monies in the impact aid revenue bond building fund are not required to be used for a period of ten days or more, the governing board may authorize their investment. B. The order directing an investment shall state a specified time when […]
§ 41-5809 – Investment of monies in impact aid revenue bond debt service fund
41-5809. Investment of monies in impact aid revenue bond debt service fund A. The governing board may authorize the investment and reinvestment of any monies in the school district’s impact aid revenue bond debt service fund. B. All monies earned as interest or otherwise derived from the investment of the monies in the impact aid […]
§ 41-5810 – Authorized investments of fund monies
41-5810. Authorized investments of fund monies A. The monies in either the impact aid revenue bond building fund or debt service fund may be invested and reinvested at the direction of the school district governing board in any of the investments authorized by section 41-5761. B. The purchase of the securities shall be made by […]