Arizona § 48-6275 - Debt service account

Full text of Arizona Arizona Revised Statutes § 48-6275 — Debt service account, with citation guidance and answers to common questions.

§ 48-6275. Debt service account

 

(Conditionally Rpld.)

 

A. If the district issues bonds under this article, the board shall establish a debt service account within the general fund consisting of monies designated and dedicated by the board for repayment of the bonds and payment of costs and related expenses associated with redeeming the bonds.

B. Monies in the debt service account may be used only for the purposes authorized by this article.

C. The fiscal agent of the district shall administer and account for the debt service account.

 

Source: official Arizona text · Last verified 2026-08-27

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Frequently Asked Questions About Arizona § 48-6275

What does Arizona Revised Statutes § 48-6275 cover?

Section 48-6275 ("Debt service account") 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 § 48-6275?

A common citation format is "Arizona Revised Statutes § 48-6275" (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 § 48-6275 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.