Arizona § 48-2467 - Adoption of resolution; trust agreement
Full text of Arizona Arizona Revised Statutes § 48-2467 — Adoption of resolution; trust agreement, with citation guidance and answers to common questions.
§ 48-2467. Adoption of resolution; trust agreement
For the purpose of this article, the board of directors of any district by affirmative vote of a majority of its members is authorized to adopt a resolution relating to the exercise of the powers granted by this article and to any other matters necessary to effectuate the full intent and purpose of this article. In the discretion of the board of directors, any bond issued pursuant to this article may also be secured by a trust agreement by and between the district and one or more corporate trustees or fiscal agents, which may be any trust company or bank having the powers of a trust company within or without this state. Any such resolution adopted shall be effective upon its adoption unless otherwise specified therein. Written notice of any meeting of the board for the purpose of taking action under this section shall be sent to all members of the board by certified or registered mail at least ten days prior to the date of such meeting.
Source: official Arizona text · Last verified 2026-08-27
Frequently Asked Questions About Arizona § 48-2467
What does Arizona Revised Statutes § 48-2467 cover?
Section 48-2467 ("Adoption of resolution; trust agreement") 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 § 48-2467?
A common citation format is "Arizona Revised Statutes § 48-2467" (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 § 48-2467 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.