Arizona § 48-2791 - Proposal to destroy unsold bonds; call for election; destruction of bonds
Full text of Arizona Arizona Revised Statutes § 48-2791 — Proposal to destroy unsold bonds; call for election; destruction of bonds, with citation guidance and answers to common questions.
§ 48-2791. Proposal to destroy unsold bonds; call for election; destruction of bonds
When there remains in the possession of the board of directors after completion of its drainage system and payment of all demands against the district, any bonds authorized to be issued by the district but not sold and not necessary to be sold to raise funds for the use of the district, the board of directors may call a special election for the purpose of voting upon a proposal to destroy such unsold bonds, or so many of them as may be deemed advisable, or may submit the proposal at a general election.
Source: official Arizona text · Last verified 2026-08-27
Frequently Asked Questions About Arizona § 48-2791
What does Arizona Revised Statutes § 48-2791 cover?
Section 48-2791 ("Proposal to destroy unsold bonds; call for election; destruction of bonds") 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 § 48-2791?
A common citation format is "Arizona Revised Statutes § 48-2791" (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 § 48-2791 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.