Bill Text: AZ HB2256 | 2012 | Fiftieth Legislature 2nd Regular | Introduced

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Bill Title: Bond contracts; technical correction

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2012-01-11 - Introduced [HB2256 Detail]

Download: Arizona-2012-HB2256-Introduced.html

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REFERENCE TITLE: bond contracts; technical correction

 

 

 

State of Arizona

House of Representatives

Fiftieth Legislature

Second Regular Session

2012

 

 

HB 2256

 

Introduced by

Representative Ugenti

 

 

AN ACT

 

amending section 35-494, arizona revised statutes; relating to state bond contracts.

 

 

(TEXT OF BILL BEGINS ON NEXT PAGE)

 

Be it enacted by the Legislature of the State of Arizona:

Section 1.  Section 35-494, Arizona Revised Statutes, is amended to read:

START_STATUTE35-494.  Contracts as long‑term obligations

Contracts for employing registrars and paying agents made pursuant to this article are deemed to be long‑term obligations within the meaning of article IX, sections 18 and 19, Constitution of Arizona. END_STATUTE