Warrants of a city, town or school district accepted in accordance with the provision of section 35-381 by the county treasurer as tax collector, shall in all matters of accounting between the treasurer and such city, town or school district, be treated as money to the face value thereof with interest accrued to the date of acceptance by the treasurer.
A.R.S. § 35-382
Effect of acceptance of warrants by county treasurer
Official source: Arizona State Legislature. Reproduced from public-domain Arizona statutes; confirm against the official source for the current text. Not legal advice.