Arizona § 35-403 - Form and contents of bonds
Full text of Arizona Arizona Revised Statutes § 35-403 — Form and contents of bonds, with citation guidance and answers to common questions.
§ 35-403. Form and contents of bonds
A. Tax anticipations bonds shall be signed by the governor, attested by the director of the department of administration and countersigned by the state treasurer, and shall be payable within six months from the date. They shall bear interest at such rate or rates, not exceeding nine per cent per annum, bear such date and shall be payable at such place as determined by the loan commissioners.
B. Each bond shall recite:
1. That it is issued in anticipation of state taxes theretofore levied but remaining uncollected.
2. The fiscal year or years for which the taxes were levied.
3. Whether it is payable from the proceeds of ad valorem taxes levied upon taxable property or from the state's share of excise taxes, or both.
4. That the bond is issued pursuant to this article.
Source: official Arizona text · Last verified 2026-08-27
Frequently Asked Questions About Arizona § 35-403
What does Arizona Revised Statutes § 35-403 cover?
Section 35-403 ("Form and contents of bonds") is part of the Arizona Revised Statutes, the codified statutory law of Arizona. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Arizona § 35-403?
A common citation format is "Arizona Revised Statutes § 35-403" (Arizona). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Arizona law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Arizona official source linked on this page or consult a licensed Arizona attorney.
How does Arizona § 35-403 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Arizona can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Arizona.