Arizona § 28-7612 - Grant anticipation notes
Full text of Arizona Arizona Revised Statutes § 28-7612 — Grant anticipation notes, with citation guidance and answers to common questions.
§ 28-7612. Grant anticipation notes
After the director has entered into one or more grant agreements, the board may issue and sell grant anticipation notes. The principal, premium, if any, and interest on the notes shall be paid solely from any of the following:
1. The grant revenues.
2. If provided by the board at the time of authorizing the issuance of the grant anticipation notes, other monies lawfully available for application to that purpose, including the proceeds from the sale of other obligations of the director.
Frequently Asked Questions About Arizona § 28-7612
What does Arizona Revised Statutes § 28-7612 cover?
Section 28-7612 ("Grant anticipation notes") 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 § 28-7612?
A common citation format is "Arizona Revised Statutes § 28-7612" (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 § 28-7612 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.