Arizona § 48-2850 - Description of improvement bonds in resolution and notices
Full text of Arizona Arizona Revised Statutes § 48-2850 — Description of improvement bonds in resolution and notices, with citation guidance and answers to common questions.
§ 48-2850. Description of improvement bonds in resolution and notices
A. If the board determines that improvement bonds shall be issued, it shall state this in the resolution of intention for the work and shall specify the maximum rate of interest the bonds may bear. A similar description of the bonds shall be inserted in all notices of the proceedings required to be published, posted or mailed and a notice that the bonds will be paid from a special fund collected in not more than forty annual installments from the assessments remaining unpaid at the date of the issuance of the bonds or thirty days after the date of the warrant, or five days after the decision of the board on an objection to the assessment.
B. All other proceedings for the work up to and including the approval of the assessment by the board, including demand for payment of the several assessments and the return and recording, shall be conducted as provided in this article.
Source: official Arizona text · Last verified 2026-08-27
Frequently Asked Questions About Arizona § 48-2850
What does Arizona Revised Statutes § 48-2850 cover?
Section 48-2850 ("Description of improvement bonds in resolution and notices") 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 § 48-2850?
A common citation format is "Arizona Revised Statutes § 48-2850" (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 § 48-2850 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.