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Arizona Revised Statutes Title 41. State Government § 41-3027.02. Water infrastructure finance authority of Arizona; termination July 1, 2027

Current as of January 01, 2025 | Updated by Findlaw Staff

A. The water infrastructure finance authority of Arizona terminates on July 1, 2027.

B. Title 49, chapter 8, articles 1 and 3 and §§ 49-1224, 49-1225, 49-1226, 49-1244, 49-1245, 49-1246, 49-1261, 49-1262, 49-1263, 49-1264, 49-1265, 49-1266, 49-1267, 49-1268, 49-1269, 49-1301, 49-1303, 49-1304, 49-1305, 49-1306, 49-1307, 49-1308, 49-1309, 49-1310, 49-1311, 49-1312 and 49-1313 are repealed on January 1, 2028, if the authority either:

1. Has no outstanding contractual obligations with the United States or any United States agency and has no debts, obligations or guarantees that were issued for the purposes of title 49, chapter 8.

2. Has otherwise provided for paying or retiring such debts or obligations.

C. If any debt or obligation listed in subsection B of this section exists and no satisfactory provision has been made to pay or retire the debt or obligation, the authority and statutes continue in existence until the debt or obligation is fully satisfied.

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Cite this article: FindLaw.com - Arizona Revised Statutes Title 41. State Government § 41-3027.02. Water infrastructure finance authority of Arizona; termination July 1, 2027 - last updated January 01, 2025 | https://codes.findlaw.com/az/title-41-state-government/az-rev-st-sect-41-3027-02/

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