Arizona § 28-7566 - Bond purchase
Full text of Arizona Arizona Revised Statutes § 28-7566 — Bond purchase, with citation guidance and answers to common questions.
§ 28-7566. Bond purchase
The board may purchase bonds authorized by this article out of any monies available, and these bonds may then be canceled, at a price of not more than either of the following:
1. If the bonds are then redeemable, the price then applicable plus accrued interest to the next interest payment date on the bonds.
2. If the bonds are not then redeemable, the redemption price applicable on the first date after the purchase on which the bonds become subject to redemption plus accrued interest to that date.
Frequently Asked Questions About Arizona § 28-7566
What does Arizona Revised Statutes § 28-7566 cover?
Section 28-7566 ("Bond purchase") 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 § 28-7566?
A common citation format is "Arizona Revised Statutes § 28-7566" (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 § 28-7566 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.