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Current as of January 01, 2025 | Updated by Findlaw Staff
A. When any bond of a district, including any bond authorized but not sold, that is eligible for certification by the director of the department of administration as provided by § 48-3202 is presented to the director of the department of administration, the director of the department of administration shall attach a certificate to the bond in substantially the following form:
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Phoenix, Arizona |
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______________________________________ |
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(insert date) |
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I, _________________________ director of the department of administration of the state of Arizona, do hereby certify that the within bond, number _______________, of series number _______________ of the _______________ district, issued ____________________ (insert date), is, in accordance with an act of the legislature of the state of Arizona, approved ____________________ (insert date), a legal investment for the funds of savings banks in the state of Arizona, and may be deposited to secure public monies, it being entitled to such privilege by virtue of an examination by the director of water resources, the attorney general and the deputy director of the financial institutions division of the department of insurance and financial institutions of the state of Arizona in pursuance of said act. |
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___________________________________________ |
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Director of the department of |
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administration of the state |
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of Arizona. |
B. A facsimile of the signature of the director of the department of administration impressed on the certificate shall be a sufficient signing thereof, provided that the imprint of the seal of the director of the department of administration shall appear on both the certificate and the bond over the facsimile signature.
Cite this article: FindLaw.com - Arizona Revised Statutes Title 48. Special Taxing Districts § 48-3204. Issuance of certificate; form - last updated January 01, 2025 | https://codes.findlaw.com/az/title-48-special-taxing-districts/az-rev-st-sect-48-3204/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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