Arizona § 48-631 - Authority to provide general improvement fund
Full text of Arizona Arizona Revised Statutes § 48-631 — Authority to provide general improvement fund, with citation guidance and answers to common questions.
§ 48-631. Authority to provide general improvement fund
Municipal corporations may incur a bonded indebtedness to provide a fund to be called a "general improvement fund." The fund may be invested or reinvested in any bonds issued for work and public improvements, the cost of which in whole or in part is to be ultimately paid by assessments levied against lots or land benefited thereby, or issued to pay the cost of land purchased or condemned for such work or public improvements. The bonds shall be called "investment bonds."
Source: official Arizona text · Last verified 2026-08-27
Frequently Asked Questions About Arizona § 48-631
What does Arizona Revised Statutes § 48-631 cover?
Section 48-631 ("Authority to provide general improvement fund") 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 § 48-631?
A common citation format is "Arizona Revised Statutes § 48-631" (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 § 48-631 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.