Arizona § 48-142 - Powers of district
Full text of Arizona Arizona Revised Statutes § 48-142 — Powers of district, with citation guidance and answers to common questions.
§ 48-142. Powers of district
In the exercise of the powers granted the district by law, the district shall have the additional power:
1. To issue its bonds to finance the costs of any undertaking.
2. To pledge to the punctual payment of the bonds and interest thereon an amount of the revenue from the undertaking, including improvements or extensions thereafter constructed or acquired, sufficient to pay the bonds and interest as they become due, and to create and maintain reasonable reserves therefor. The amount pledged may consist of all or any part of such revenue. The board of directors, in determining the cost of the undertaking, may include all costs and estimated costs of the issuance of the bonds, all engineering, inspection, fiscal and legal expenses, and interest which it is estimated will accrue on money borrowed or which will be borrowed during the construction period for six months thereafter.
Source: official Arizona text · Last verified 2026-08-27
Frequently Asked Questions About Arizona § 48-142
What does Arizona Revised Statutes § 48-142 cover?
Section 48-142 ("Powers of district") 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 § 48-142?
A common citation format is "Arizona Revised Statutes § 48-142" (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 § 48-142 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.