Arizona § 48-4541 - Definitions
Full text of Arizona Arizona Revised Statutes § 48-4541 — Definitions, with citation guidance and answers to common questions.
§ 48-4541. Definitions
In this article, unless the context otherwise requires:
1. "Bond related expenses" means any expenses incurred by the district to issue and administer its bonds including underwriting fees and costs, trustee fees, financial consultant fees, printing and advertising costs, paying agent fees, transfer agent fees, legal, accounting, feasibility consultant and other expert fees and expenses, cost of credit enhancement fees, attorney and accounting fees and expenses related to credit enhancement, bond insurance or liquidity enhancement, remarketing fees, rating agency fees and costs, travel and telephone expenses and all other fees deemed necessary by the board in order to market and administer the bonds.
2. "Bonds" means bonds of the district issued pursuant to this article.
3. "Real property for water replenishment needs" means those real properties and any appurtenances to the properties that are designated or may be designated by the board as a location for the construction of a water replenishment project, including lands or interests in lands, the use or occupancy of which is necessary or appropriate to construct, reconstruct, repair, maintain, extend, develop, improve or operate water replenishment facilities and improvements.
4. "Water replenishment purpose":
(a) Includes any one or more of the following purposes:
(i) The payment of water replenishment obligations.
(ii) The cost of acquiring, constructing, reconstructing, equipping, maintaining and repairing water replenishment facilities.
(iii) The acquisition of real property for water replenishment needs.
(iv) The payment of bond related expenses.
(b) Does not include acquiring by eminent domain or condemnation any existing electrical works or electrical facilities.
Frequently Asked Questions About Arizona § 48-4541
What does Arizona Revised Statutes § 48-4541 cover?
Section 48-4541 ("Definitions") 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 § 48-4541?
A common citation format is "Arizona Revised Statutes § 48-4541" (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 § 48-4541 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.