Arizona § 28-8535 - Federal income tax considerations

Full text of Arizona Arizona Revised Statutes § 28-8535 — Federal income tax considerations, with citation guidance and answers to common questions.

§ 28-8535. Federal income tax considerations

The joint powers airport authority may make any covenant, order any rebate, file any tax return, report any information and order the limitation on the yield of any investment made with the proceeds from the sale of its bonds or with taxes, revenues or other income pledged, held in trust or otherwise used to pay principal, interest and premium, if any, on its bonds in consideration for retaining the exclusion from gross income for federal income tax purposes of the interest income on any bond.

Source: official Arizona text · Last verified 2026-08-27

Frequently Asked Questions About Arizona § 28-8535

What does Arizona Revised Statutes § 28-8535 cover?

Section 28-8535 ("Federal income tax considerations") 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 § 28-8535?

A common citation format is "Arizona Revised Statutes § 28-8535" (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 § 28-8535 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.