A special health care district shall not incur a bonded indebtedness exceeding ten per cent of the net assessed value of all taxable property in the district as shown by the last assessment roll of the county.
A.R.S. § 48-5568
Limit of bonded indebtedness
Official source: Arizona State Legislature. Reproduced from public-domain Arizona statutes; confirm against the official source for the current text. Not legal advice.