Arizona § 48-2794 - Authority to reduce bonded indebtedness
Full text of Arizona Arizona Revised Statutes § 48-2794 — Authority to reduce bonded indebtedness, with citation guidance and answers to common questions.
§ 48-2794. Authority to reduce bonded indebtedness
When the board of directors determines that the authorized bonded indebtedness of the district is greater than the district will require to complete its system as planned, the board may call a special election for the purpose of voting upon a proposal to reduce the bonded indebtedness to an amount the board determines sufficient for such purpose.
Source: official Arizona text · Last verified 2026-08-27
Frequently Asked Questions About Arizona § 48-2794
What does Arizona Revised Statutes § 48-2794 cover?
Section 48-2794 ("Authority to reduce bonded indebtedness") 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 § 48-2794?
A common citation format is "Arizona Revised Statutes § 48-2794" (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 § 48-2794 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.