Arizona § 48-1820 - Bonds as legal investments
Full text of Arizona Arizona Revised Statutes § 48-1820 — Bonds as legal investments, with citation guidance and answers to common questions.
§ 48-1820. Bonds as legal investments
Notwithstanding any law to the contrary, all bonds and refunding bonds constitute legal investments for savings banks, banks, savings and loan associations, trust companies, executors, administrators, trustees, guardians and other fiduciaries and for any board, body, agency or instrumentality of this state or of any political subdivision of this state and constitute securities that may be deposited by banks, savings and loan associations or trust companies as security for deposits of state, county, municipal and other public monies.
Source: official Arizona text · Last verified 2026-08-27
Frequently Asked Questions About Arizona § 48-1820
What does Arizona Revised Statutes § 48-1820 cover?
Section 48-1820 ("Bonds as legal investments") 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 § 48-1820?
A common citation format is "Arizona Revised Statutes § 48-1820" (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 § 48-1820 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.