Arizona § 48-633 - Publication and posting of resolution for bond election; form of bonds; payment and redemption
Full text of Arizona Arizona Revised Statutes § 48-633 — Publication and posting of resolution for bond election; form of bonds; payment and redemption, with citation guidance and answers to common questions.
§ 48-633. Publication and posting of resolution for bond election; form of bonds; payment and redemption
A. The resolution shall be published as provided by section 39-121 and posted in three public places in the municipality for one week. It shall require the votes of a majority of the qualified voters voting at the special election to authorize the issuance of the bonds.
B. The bonds shall contain necessary provisions as to form and shall be payable in not less than ten nor more than twenty years from the date of their issue to be determined by the governing body at the time of their issuance, and shall be issued in such denominations as the governing body may determine, of not less than one hundred nor more than one thousand dollars. Each bond shall be payable on the day and at the place therein specified with interest at the rate or rates set by the accepted bid which shall not exceed the maximum rate of interest set forth in the resolution calling the election, payable semiannually. The bonds shall be signed by the mayor and countersigned by the clerk. The coupons of the bonds shall be numbered consecutively and signed by the clerk.
C. The governing body shall provide by tax levies or otherwise proper interest and sinking funds for the payment of the interest on, and the redemption of, the bonds.
Source: official Arizona text · Last verified 2026-08-27
Frequently Asked Questions About Arizona § 48-633
What does Arizona Revised Statutes § 48-633 cover?
Section 48-633 ("Publication and posting of resolution for bond election; form of bonds; payment and redemption") 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 § 48-633?
A common citation format is "Arizona Revised Statutes § 48-633" (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 § 48-633 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.