Arizona § 48-1792 - Determination of amount of initial bond issue
Full text of Arizona Arizona Revised Statutes § 48-1792 — Determination of amount of initial bond issue, with citation guidance and answers to common questions.
§ 48-1792. Determination of amount of initial bond issue
A. The board of directors in making estimates for the first bond issue shall determine the amount of the organization indebtedness and include it in the amount for which the first bonds are proposed to be issued. The board shall, if it deems it advisable, include in the amount for which the first bond issue is proposed the interest on the bonds for not more than the first three years after their issue.
B. The board shall upon the record propose the construction, operations and expenditures without elaborating but stated in such detail as to give the electors a reasonable understanding of the proposed operations and expenditure of the district.
C. The board shall ascertain and determine from reliable estimates and investigation the cost of construction in such detail as they find necessary. Alternative propositions may be made as to details if necessary. This section shall be complied with in such manner as to give the electors a fair understanding of the proposed expenditures.
Source: official Arizona text · Last verified 2026-08-27
Frequently Asked Questions About Arizona § 48-1792
What does Arizona Revised Statutes § 48-1792 cover?
Section 48-1792 ("Determination of amount of initial bond issue") 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 § 48-1792?
A common citation format is "Arizona Revised Statutes § 48-1792" (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 § 48-1792 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.