Arizona § 15-1031 - Power to use outstanding bond authorizations of common school districts or high school districts
Full text of Arizona Arizona Revised Statutes § 15-1031 — Power to use outstanding bond authorizations of common school districts or high school districts, with citation guidance and answers to common questions.
§ 15-1031. Power to use outstanding bond authorizations of common school districts or high school districts
A. All outstanding authorizations permitting the issuance of bonds, as provided in this section and sections 15-1022 through 15-1030, or the incurring of debt by a common school district or a high school district at the time either such district becomes part of a unified school district, shall remain in full force and effect. The unified school district shall be vested with all powers to act for and on behalf of such common school district or high school district to issue the bonds for the purposes for which such authorizations were granted. The school district governing board may submit the bonds for approval by the attorney general.
B. The bonds shall be issued pursuant to this section, chapter 4, article 5 of this title and sections 15-1021 through 15-1030 except that the effect of the bonds issued pursuant to this section shall be the same as if the questions pertaining to the issuance of the bonds had been submitted to and approved by the electors of the unified school district after its formation.
C. The provisions of this section shall not be construed as authorizing indebtedness in excess of the percentage limitation as prescribed for a unified school district in article IX, section 8.1, Constitution of Arizona.
Source: official Arizona text · Last verified 2026-08-27
Frequently Asked Questions About Arizona § 15-1031
What does Arizona Revised Statutes § 15-1031 cover?
Section 15-1031 ("Power to use outstanding bond authorizations of common school districts or high school districts") 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 § 15-1031?
A common citation format is "Arizona Revised Statutes § 15-1031" (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 § 15-1031 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.