The Arizona Revised Statutes have been updated to include the revised sections from the 56th Legislature, 1st Regular Session. Please note that the next update of this compilation will not take place until after the conclusion of the 56th Legislature, 2nd Regular Session, which convenes in January 2024.
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.
In this article, unless the context otherwise requires:
1. "Agreement" means any loan or other agreement, contract, note, mortgage, deed of trust, trust indenture, lease, sublease or instrument entered into by the authority.
2. "Arizona industrial development authority" means the industrial development authority established by the Arizona finance authority.
3. "Authority" means the Arizona finance authority.
4. "Board" means the board of directors of the authority.
5. "Bonds" means any bonds issued by the authority or the Arizona industrial development authority.
6. "Costs":
(a) Means all costs incurred in the issuance of bonds, including insurance policy, credit enhancement, legal, accounting, consulting, printing, advertising and travel expenses, plus any authority administrative fees.
(b) May include interest on bonds for a reasonable time before and during the time the proceeds are used.
7. "Director" means the director of the authority.
8. "Federal agency" means the United States or any agency or agencies of the United States.