Arizona § 28-8534 - Bonds; legal investments
Full text of Arizona Arizona Revised Statutes § 28-8534 — Bonds; legal investments, with citation guidance and answers to common questions.
§ 28-8534. Bonds; legal investments
Bonds and refunding bonds issued pursuant to this article are:
1. Securities in which all of the following may properly and legally invest:
(a) Public officers and bodies of this state and of political subdivisions of this state.
(b) Companies, associations and other persons carrying on an insurance business.
(c) Financial institutions, investment companies and other persons carrying on a banking business.
(d) Fiduciaries.
(e) Other persons who are authorized to invest in government obligations.
2. Securities that may be deposited with public officers or bodies of this state and political subdivisions of this state for purposes that require the deposit of government bonds or obligations.
Source: official Arizona text · Last verified 2026-08-27
Frequently Asked Questions About Arizona § 28-8534
What does Arizona Revised Statutes § 28-8534 cover?
Section 28-8534 ("Bonds; legal investments") 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 § 28-8534?
A common citation format is "Arizona Revised Statutes § 28-8534" (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 § 28-8534 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.