Arizona § 9-512 - Issuance of bonds; service rates
Full text of Arizona Arizona Revised Statutes § 9-512 — Issuance of bonds; service rates, with citation guidance and answers to common questions.
§ 9-512. Issuance of bonds; service rates
A. The municipal corporation, for any and all purposes provided in section 9-511, may issue and sell bonds bearing interest not to exceed nine per cent per annum.
B. When the enterprise or public improvement has been purchased or constructed by means derived from the sale of bonds, the municipality shall fix the rates charged for service to the public as nearly as practicable so as to pay the interest and not less than three per cent per annum on the principal of the bonds, in excess of the expense of maintenance and operation.
Source: official Arizona text · Last verified 2026-08-27
Frequently Asked Questions About Arizona § 9-512
What does Arizona Revised Statutes § 9-512 cover?
Section 9-512 ("Issuance of bonds; service rates") 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 § 9-512?
A common citation format is "Arizona Revised Statutes § 9-512" (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 § 9-512 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.