Arizona § 35-430 - Cancellation of redeemed bonds; record of redemption; transmittal of abstract of record; payment of interest
Full text of Arizona Arizona Revised Statutes § 35-430 — Cancellation of redeemed bonds; record of redemption; transmittal of abstract of record; payment of interest, with citation guidance and answers to common questions.
§ 35-430. Cancellation of redeemed bonds; record of redemption; transmittal of abstract of record; payment of interest
A. When the state treasurer pays or redeems any indebtedness, the treasurer shall endorse, by writing or stamping in ink, on the face of the paper evidencing such indebtedness so paid or redeemed, the words "redeemed and canceled" with the date of cancellation.
B. The state treasurer shall keep a complete record of all bonds redeemed and surrendered and shall transmit to the governor an abstract of the record with the annual report, which shall be submitted by the governor to the legislature.
C. The treasurer shall pay the interest on the bonds, when due, from the interest fund, if sufficient, and if not sufficient, from the state general fund. If a deficiency exists, the director of the department of administration shall draw a warrant, check or electronic funds transfer voucher on the state treasurer, payable to the order of the state treasurer from the state general fund.
Source: official Arizona text · Last verified 2026-08-27
Frequently Asked Questions About Arizona § 35-430
What does Arizona Revised Statutes § 35-430 cover?
Section 35-430 ("Cancellation of redeemed bonds; record of redemption; transmittal of abstract of record; payment of interest") 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 § 35-430?
A common citation format is "Arizona Revised Statutes § 35-430" (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 § 35-430 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.