Arizona § 41-5705 - Lease-to-own amount; expiration
Full text of Arizona Arizona Revised Statutes § 41-5705 — Lease-to-own amount; expiration, with citation guidance and answers to common questions.
§ 41-5705. Lease-to-own amount; expiration
A. In order to fulfill the requirements of section 41-5741, the board may enter into lease-to-own transactions for up to a maximum of $200,000,000 in any fiscal year.
B. The board shall not enter into lease-to-own transactions, including any refinancings or refundings, pursuant to this section from and after May 15, 2006.
Source: official Arizona text · Last verified 2026-08-27
Frequently Asked Questions About Arizona § 41-5705
What does Arizona Revised Statutes § 41-5705 cover?
Section 41-5705 ("Lease-to-own amount; expiration") 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 § 41-5705?
A common citation format is "Arizona Revised Statutes § 41-5705" (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 § 41-5705 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.