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Current as of January 01, 2025 | Updated by Findlaw Staff
If there is a deficiency in the funds collected from special assessments by reason of the inadequacy of the method of collection adopted by the district under § 48-946, the district shall make good the deficiency, reimbursing itself from the funds collected from the installments when they are received. If the method as prescribed by § 48-946 has not been adopted, the district may, but is not obligated to, make good a deficiency by a temporary loan out of some other fund.
Cite this article: FindLaw.com - Arizona Revised Statutes Title 48. Special Taxing Districts § 48-947. Deficiency in collections; liability of district - last updated January 01, 2025 | https://codes.findlaw.com/az/title-48-special-taxing-districts/az-rev-st-sect-48-947/
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