The Arizona Revised Statutes have been updated to include the revised sections from the 57th Legislature, 2nd Regular Session. Please note that the next update of this compilation will not take place until after the conclusion of the 58th Legislature, 1st Regular Session, which convenes in January 2027.
DISCLAIMER
This online version of the Arizona Revised Statutes is primarily maintained for legislative drafting purposes and reflects the version of law that is effective on January 1st of the year following the most recent legislative session. The official version of the Arizona Revised Statutes is published by Thomson Reuters.
The board shall notify the attorney general of the authority's intention to issue bonds. The notification shall adequately describe the project. The attorney general shall inform the board within ten days after receiving the notice whether the attorney general believes the proposed project does not comply with this chapter. If the attorney general does not issue an opinion within ten days after receiving the notice, the board may issue the bonds. If within ten days after receiving the notice the attorney general issues an opinion that the bonds do not comply with this chapter, the board may not issue the bonds. A person may not bring an action challenging the legality of any contract, agreement, lease, mortgage, obligation or proceeding or the issuance of bonds pursuant to this chapter from and after thirty calendar days after the board is authorized to issue bonds.