Arizona § 35-425 - Delivery of bonds
Full text of Arizona Arizona Revised Statutes § 35-425 — Delivery of bonds, with citation guidance and answers to common questions.
§ 35-425. Delivery of bonds
A. When the sale is awarded, the loan commissioners shall procure the necessary bonds, and, after signing the bonds, deliver them to the state treasurer, taking his receipt for the bonds, and charging him therewith. The treasurer shall deliver the bonds to the purchaser for cash, or exchange them for any of the indebtedness for the redemption of which they were issued.
B. Bonds shall not be sold or exchanged for less than their face value and accrued interest at the time of delivery, nor shall any indebtedness be redeemed at more than its face value and accrued interest.
C. The state treasurer shall endorse the time when and the amount for which exchanged upon the face of the paper evidencing the indebtedness received by him in exchange.
Source: official Arizona text · Last verified 2026-08-27
Frequently Asked Questions About Arizona § 35-425
What does Arizona Revised Statutes § 35-425 cover?
Section 35-425 ("Delivery 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 § 35-425?
A common citation format is "Arizona Revised Statutes § 35-425" (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 § 35-425 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.