Arizona § 48-1069 - Unlawful interest in real property by board member or employee; violation; classification
Full text of Arizona Arizona Revised Statutes § 48-1069 — Unlawful interest in real property by board member or employee; violation; classification, with citation guidance and answers to common questions.
§ 48-1069. Unlawful interest in real property by board member or employee; violation; classification
A. A member of the board of directors or an employee of the district shall not have any direct or indirect financial interest in any real property purchased with monies derived from the issuance of bonds by the district.
B. A person who violates this section is guilty of a class 2 misdemeanor.
Source: official Arizona text · Last verified 2026-08-27
Frequently Asked Questions About Arizona § 48-1069
What does Arizona Revised Statutes § 48-1069 cover?
Section 48-1069 ("Unlawful interest in real property by board member or employee; violation; classification") 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 § 48-1069?
A common citation format is "Arizona Revised Statutes § 48-1069" (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 § 48-1069 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.