Arizona § 48-1615 - Issuance of additional bonds; priority of liens
Full text of Arizona Arizona Revised Statutes § 48-1615 — Issuance of additional bonds; priority of liens, with citation guidance and answers to common questions.
§ 48-1615. Issuance of additional bonds; priority of liens
A. When the money provided by the previous issue of bonds has become exhausted by expenditures authorized by this chapter and it is necessary to raise additional money for such purposes, additional bonds may be issued by submitting the question to the qualified voters of the district and by complying with the procedures prescribed by this article in respect to an original issue of bonds, but the lien for taxes for the payment of the interest and the principal of any bond of a prior issue shall be prior to the lien of any bond of a subsequent issue.
B. When the owner of land within the district for which title had not been obtained at the time of previous issues of bonds obtains a patent or title thereto, the board of directors may levy an assessment upon the land for the owner's proportionate share of the taxes levied by the district to pay the bonded indebtedness of the district.
Source: official Arizona text · Last verified 2026-08-27
Frequently Asked Questions About Arizona § 48-1615
What does Arizona Revised Statutes § 48-1615 cover?
Section 48-1615 ("Issuance of additional bonds; priority of liens") 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 § 48-1615?
A common citation format is "Arizona Revised Statutes § 48-1615" (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 § 48-1615 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.