Bill Text: AZ HB2421 | 2014 | Fifty-first Legislature 2nd Regular | Introduced


Bill Title: Bond contracts; technical correction

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2014-02-13 - Referred to House RULES Committee [HB2421 Detail]

Download: Arizona-2014-HB2421-Introduced.html

 

 

 

REFERENCE TITLE: bond contracts; technical correction

 

 

 

State of Arizona

House of Representatives

Fifty-first Legislature

Second Regular Session

2014

 

 

HB 2421

 

Introduced by

Representative Stevens

 

 

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

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