Ariz. Rev. Stat. § 48-634
Current through L. 2024, ch. 259
The bonds may be issued and sold by the governing body as it may determine at public or private sale or by an on-line bidding process, but for not less than par. The proceeds shall be placed in the treasury to the credit of a fund to be applied exclusively to the purposes and objects prescribed by this article.
A.R.S. § 48-634